UK pub chain Wetherspoon reduces prices by 7.5% on September 12 to advocate for permanent VAT reduction in the hospitality sector.

Wetherspoon, a UK pub chain, will reduce food and drink prices by 7.5% for one day on September 12 to advocate for a permanent VAT reduction in the hospitality sector. Founder Tim Martin argues that the current 20% VAT on pubs compared to the zero VAT for supermarkets creates an unfair competitive disadvantage. He urges the government to lower VAT to 12.5% to support the survival of pubs and establish tax equality. The discount in Scotland applies only to food and non-alcoholic drinks due to local laws.

September 01, 2024
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