Hospitality is the lifeblood for so many employers, employees, suppliers and communities alike. The current VAT rate is 20% during what is arguably the toughest time pubs, bars and restaurants have ever faced. Thousands (over 13,500 in 3 days) have already signed the petition which can be seen and signed by clicking here . The industry needs over 100,000 signatures for Government to debate and respond. The petition reads: Reduce the VAT on Hospitality to 10% from the current rate of 20% to allow Hospitality to survive the storm - or risk losing a large proportion of the industry to it.
The current tax system is disproportional and should be changed alongside changes in tax on supermarkets and online sales.
If you would like to know how Switch4Profit is helping many businesses save costs, increase efficiencies and profit just get in touch for an informal chat.
コメント