Wetherspoons boss Tim Martin warns food prices at its pubs will rise if VAT goes up By Daily Mail City & Finance Reporter Published: 22:21 BST, 7 July 2021 | Updated: 22:21 BST, 7 July 2021 Wetherspoons boss Tim Martin said prices for pub food will rise if VAT goes up Wetherspoons boss Tim Martin … Read more
Rishi Sunak unveiled a raft of measures aimed at helping small businesses today. The Chancellor targeted high street firms with a business rate holiday extension until June, followed by a two-thirds reduced rate for the rest of the financial year. He also confirmed a freeze of VAT at 5 per cent for hospitality firms until … Read more
Rishi Sunak unveiled a raft of measures aimed at helping small businesses today. The Chancellor targeted high street firms with a business rate holiday extension until June, followed by a two-thirds reduced rate for the rest of the financial year. He also confirmed a freeze of VAT at 5 per cent for hospitality firms until … Read more
Builders claim cutting VAT on home repairs could give economy a £51bn boost By Daily Mail City & Finance Reporter Published: 21:52 GMT, 28 February 2021 | Updated: 21:52 GMT, 28 February 2021 Cutting VAT on home repairs could give the economy a £51billion boost, builders have claimed. The Federation of Master Builders (FMB) and … Read more
Landlords demand Rishi Sunak provides MORE financial help for pubs in next week’s Budget and say current support is not enough Campaign for Pubs has written an open letter to the Chancellor with demands Demands include a 12-month extension to the 5 per cent reduced VAT rate It also urges the Government to waive 50% of … Read more
Women are being unfairly penalised for their love of wine with big tax rises, campaigners say Television host Kate Thornton said increase in duty would ‘hit women hardest’ Wine Drinkers UK asking Rishi Sunak to cut Excise Duty on wine in the Budget Survey found 43 per cent of women favour wine, compared to 21 … Read more
I bought items online shipped from Holland and think I’ve been charged VAT twice: How can I check and is this due to Brexit? Brexit means there could be further charges for consumers It can be confusing for customers to work out what fees are which We reveal the new rules and what you should … Read more
The extent of the damage done by the coronavirus crisis to Treasury coffers was today laid bare after official data showed air passenger duty as well as income tax and VAT receipts have been hammered during the pandemic. Office for National Statistics numbers highlighted the devastating impact of travel restrictions as fewer air passengers meant the … Read more
Britons gasping for a beer in their local could be forking out 18p more per pint when pubs finally reopen, industry experts warned today. Dutch giant Heineken, which also brews Foster’s, Kronenbourg, Birra Moretti, John Smith’s and Deuchars IPA, is set to increase the cost of its lagers and ales in April by as much as … Read more
A 192-year-old maker of English luxury shoes worn by Prince Charles has revealed that Brexit red tape will cost the firm an extra £100,000 per year on exports to Europe. Tricker’s said invoices are mounting from parcel firms that ship the company’s heavy £450 brogue shoes and boots to EU clients. Though a last-gasp trade … Read more