The Government has “no plans” to introduce a VAT cut for the tourism sector, according to Treasury minister David Gauke, who also said reducing VAT to 5% for catering services could cost the Exchequer between £9bn and £10bn per year.
Say it ‘ain’t so Andrew?” wrote the Publican’s Morning Advertiser’s esteemed editor when I expressed doubts about the prospects of the campaign to cut VAT to 5% for the hospitality sector. “Oh, why have you forsaken us Andrew? What do you know that I...
Fresh from our successful crusade against the hated beer-duty escalator (I received my campaign medal from Hobgoblin last week), a confident pub industry can turn its collective attention to the next battleground.
Trade leaders have urged the Government to use VAT as the lever to level the playing field with the cheap supermarket deals and combat binge drinking rather than follow Scotland’s lead on minimum pricing.
The Treasury has refused to consider a VAT cut to 5% for the hospitality industry, claiming the "fiscal challenge" is too great. David Gauke MP — claimed there was no "compelling evidence" for such a cut.