Over 200 CEOs sign letter urging chancellor to permanently keep 12.5% VAT

Over 200 chief executives of the UK pubs, bars, restaurants, cafés, hotels, leisure parks, nightclubs, entertainment venues, and visitor attractions have signed a letter to the chancellor urging for a permanent cut to VAT. Ahead of his Budget next Wednesday (27 October), industry leaders have called for a permanent reduced rate of VAT for hospitality […]

Hospitality coalition calls on PM to keep VAT at 12.5%

A coalition of the country’s hospitality and tourism trade and membership bodies has called on the prime minister to keep VAT low for businesses in their sectors. Co-ordinated by UK Hospitality, the letter argues that keeping VAT at its current rate of 12.5% for these sectors will help to “accelerate the UK’s economic recovery from […]

UK trade bodies call for lower rate of VAT, amid 12.5% rise

UK Hospitality alongside other trade associations have joined forces to call on the chancellor, Rishi Sunak, to introduce a permanent lower rate of VAT. Under treasury plans, hospitality and tourism VAT is expected to rise to 12.5% from today (1 October) and will return to its pre-pandemic level of 20% come April 2022. The trade […]

UKH calls for permanent hospitality VAT cut

UK Hospitality chief executive Kate Nicholls has called for additional Government support to help safeguard the sector’s recovery and rebuild resilience in the form of a permanently lower VAT for hospitality and tourism. The suggestion was made during the association’s annual conference with focused on the theme of ‘recovery and beyond’, where it discussed the […]