VAT
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Tourism trade association UKinbound has criticised the Government for its "continued neglect" of inbound tourism at ABTA's annual Travel Matters conference. The organisation's chief executive, Mary Rance, said she was worried about the Government's continued efforts to extol the virtues of inbound tourism.
Posted: 11 May 2012 | 15:41
Gavin Williams, the chief executive of the West Cornwall Pasty Company, has written a letter to Chancellor George Osborne warning that proposals to close a loophole on VAT exemptions for hot take-away food - the so-called pasty tax - could damage the Cornish economy.
Posted: 01 May 2012 | 17:17
There is overwhelming support for a reduction in VAT from 20% to 5% on hotel accommodation, attractions and meals away from home among hospitality professionals. That's the key finding of a survey by the British Hospitality Association (BHA) of more than 200 of its members.
Posted: 23 April 2012 | 11:11
Former pubs minister John Healey has urged the chancellor to "back British beer". Healey has written to George Osborne, telling him: "Having been minister for HM Customs & Excise and responsible for excise duties for the five years I spent in the Treasury, I am concerned that we are now overlooking and undervaluing a great British asset."
Posted: 23 March 2012 | 16:27
A Cambridge restaurant and wine bar is to highlight the punitive level of duty levied on beer - by offering customers a tax-free pint in the afternoons. Customers of d'Arry's Cookhouse and Wineshop on Cambridge's King Street will be able to buy pints of beer at £1.30 off the normal price.
Posted: 22 March 2012 | 12:55
Take-away restaurants have expressed dismay at the Government's move, announced in yesterday's Budget, to close a loophole relating to the way in which VAT is charged on hot take-away food. Chancellor George Osborne alluded to the proposed changes in his address to the House of Commons.
Posted: 22 March 2012 | 12:39
The British Hospitality Association (BHA) and a host of hospitality industry heavyweights have written an open letter to the Government, calling for a reduction in VAT to 5%, published in the Sun on Sunday today. A total of 12 top industry figures have signed the letter.
Posted: 11 March 2012 | 07:00
Ten Brakspear pubs in Henley are to stage a tax-free beer day on 28 February to illustrate how high taxation on beer is, ahead of next month's Budget. The Oxfordshire-based pub company will also encourage the town's drinkers to sign a petition calling for a more pub-friendly tax regime.
Posted: 16 February 2012 | 12:16
The BHA has resigned from the VAT Club to concentrate on the industry's official VAT initiative. Chief executive Ufi Ibrahim explains why
Posted: 10 February 2012 | 08:50
Pub company JD Wetherspoon chairman Tim Martin has renewed his call for a reduction in VAT, as the company revealed that like-for-like sales for the 12 weeks to 15 January 2012 were up 3.6% on the same period a year ago. December saw strong like-for-like sales.
Posted: 18 January 2012 | 10:57
Tax disputes between small and medium-sized business and HM Revenue & Customs (HMRC) could be soon be resolved more quickly and easily following the introduction of a pilot dispute resolution process for SMEs. The Alternative Dispute Resolution (ADR)will employ independent HMRC facilitators.
Posted: 09 January 2012 | 11:57
British Hospitality Association chief executive Ufi Ibrahim appeals for the industry to get behind the campaigns to cut VAT for hospitality
Posted: 23 December 2011 | 14:41
The British Hospitality Association (BHA) has issued a letter to its members, urging them to help campaign for a reduction in VAT for the hospitality industry to 5%. The letter comes after it was revealed that the association would be ramping up its efforts on securing a VAT reduction.
Posted: 08 December 2011 | 15:31
The British Hospitality Association (BHA) is to ramp up its efforts to campaign for a reduction in VAT for hospitality, as its behind-the-scenes work with Treasury officials begins to bear fruit. The association is about to make a significant investment in the engagement of PR firm Portland.
Posted: 01 December 2011 | 12:50
The British curry industry has called on the Government to boost the restaurant sector by reducing VAT on the sector by 5%. It said that reducing VAT would boost the number of diners and head off a contraction in the curry restaurant industry...
Posted: 29 November 2011 | 13:32
Some of the hospitality industry's biggest names have spoken up in favour of a ground-breaking proposal that would see thousands of new jobs created in the sector in return for a Government commitment to slashing VAT.
Posted: 28 November 2011 | 11:07
Tax consultancy RSM Tenon has started offering VAT health checks to hospitality businesses after the taxman launched a crackdown on tax evasion in the restaurant sector. Earlier this month, HMRC revealed it was investigating 530 restaurants for tax evasion in London, the North-west and Scotland.
Posted: 16 November 2011 | 11:08
The UK's high rate of VAT is one of several barriers to the growth of the hospitality industry, a new report from the British Hospitality Association (BHA) has warned. The report, entitled Hospitality: Driving Local Economies, is aimed at highlighting the critical role the sector plays in the economic and social life...
Posted: 13 October 2011 | 09:46
This week, our Slash VAT, Boost Business campaign moves up through the gears. The campaign, which aims to press Government to ease the burden of taxation on the UK hospitality industry, launched as a result of the rise in VAT by 2.5% to 20%, back in January.
Posted: 30 September 2011 | 17:12
On 1 July, the Irish government announced a slash in the VAT rate for hospitality and tourism businesses from 13.5% to 9% in an effort to give the struggling sector a much-needed boost. Two-and-a-half months on, hoteliers and restaurateurs are cautiously positive about the 4.5% reduction, as Elly Earls discovers
Posted: 30 September 2011 | 14:26
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