Get free updates - subscribe to our monthly newsletter Subscribe
As part of a campaign to permanently reduce VAT, over 15,000 pubs, bars and restaurants, including more than 900 Wetherspoons are cutting their prices by 7.5% today.
This campaign, lead by Jacques Borel is intended to show the benefits that a VAT cut could have in the hospitality industry.
The campaign highlights that a reduction in the level of VAT over a longer time period will allow growth and the creation of jobs in the sector.
Similar campaigns by Mr Borel have previously managed to get VAT cuts in a number of other European countries including France and Germany.
Whether the government will ever agree to the cut remains to be seen, but make sure you head down to your local participating pub or bar today and benefit from the reduced prices.
David Graham, Assistant VAT Consultant.
If you like this article and would like our FREE updates sent straight to your inbox then subscribe to our monthly newsletterSubscribe
All content © 2015 Armstrong Watson. All Rights Reserved. Website by Simon Pighills.
Armstrong Watson LLP is a limited liability partnership registered in England and Wales, number OC415608. The registered office is 15 Victoria Place, Carlisle, CA1 1EW where a list of members is kept. Armstrong Watson Accountants, Business & Financial Advisers is a trading style of Armstrong Watson LLP. Armstrong Watson LLP is regulated by the Institute of Chartered Accountants in England and Wales for a range of investment business activities.
Armstrong Watson Audit Limited is registered to carry on audit work in the UK and Ireland by the Institute of Chartered Accountants in England and Wales. Registered as a limited company in England and Wales No. 8800970. Registered office: 15 Victoria Place, Carlisle, CA1 1EW
Armstrong Watson Financial Planning Limited is authorised and regulated by the Financial Conduct Authority. Firm reference number 542122. Registered as a limited company in England and Wales No. 7208672. Armstrong Watson Financial Planning & Wealth Management is a trading name of Armstrong Watson Financial Planning Limited. Registered Office: 15 Victoria Place, Carlisle, CA1 1EW