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All Tax articles – Page 18
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NewsVAT Club to accelerate campaign after Treasury knock-back
The VAT Club is planning to open an office in London and appoint a deputy to Jacques Borel in an effort to turbo-charge the campaign for a lower rate of VAT on hospitality after the Treasury formally rejected its arguments, M&C Report has learnt
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News
Further operators see benefit of Tax Parity Day
Hall & Woodhouse and Wadworth have become the latest companies to report an uplift in sales on Tax Parity Day
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NewsTax Parity Day raises sales and awareness
Last Wednesday’s Tax Parity Day, which saw up to 15,000 outlets take part in a national day of action as part of the campaign to reduce VAT for the sector to 5%, helped increase sales for participating operators by up to 23%, while also raising awareness of the disparity between the zero rate for food in supermarkets and the 20% VAT rate for pubs and restaurants
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News
Tax Parity Day takes place today
Up to 15,000 outlets are expected to take part in today’s national day of action as part of the campaign to reduce VAT for the sector to 5%
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News
Labour business rates plan is 'tokenism'
A leading property adviser has accused Labour leader Ed Miliband of “tokenism” over his proposal to reduce business rates for small firms, and equated it to rearranging the deckchairs on the Titanic
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Analysis & Insight
Confidence in pub sector grows
Confidence is growing in the pub sector six months on from the beer duty cut, according to new figures from the British Beer and Pub Association
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News
Labour 'would cut business rates for small firms'
A Labour Government would freeze business rates for smaller firms and reverse a planned cut in corporate tax for larger companies, party leader Ed Miliband is expected to announce at Labour’s Conference today
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News
TCG and Black Sheep join VAT campaign
Managed pub and bar operator TCG and North Yorkshire brewer Black Sheep are the latest companies to say they’ll reduce their prices for a day as part of the industry’s VAT cut campaign
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OpinionAddressing the VAT cut naysayers
JD Wetherspoon chairman Tim Martin corrects some ‘misconceptions’ and lays out the arguments for a cut in VAT for the trade
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News
'Thousands of outlets' to cut prices on Tax Parity Day
A source close to the campaign to cut VAT for the sector to 5% has estimated that between 10,000 and 15,000 outlets will reduce their prices on the national day of action
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NewsJDW: Expansion, sales mix, tax, staff
M&C Report takes a closer look at the full-year results for JD Wetherspoon and reports from a results presentation featuring chairman Tim Martin, chief executive John Hutson and finance director Kirk Davies
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News
Doubts cast over VAT campaign
With just weeks to go until Chancellor George Osborne’s Autumn Statement, fresh doubts have been cast over the effectiveness of the VAT Club and its prospects of securing a tax reduction for the hospitality sector in next year’s Budget
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NewsCamerons FY EBITDA in line, reports pre-tax loss
Camerons, the Hartlepool-based brewer, has reported EBITDA of c£5.8m in the year to 28 April, in line with the previous year, despite reporting a pre-tax loss and seeing a dip in turnover
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News
Sector VAT cut 'would cost up to £12bn'
Cutting VAT to 5% for the sector would cost the Exchequer between £11bn and £12bn per year in lost revenue, according to Government estimates
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News
Cameron cool on sector VAT cut
David Cameron has said the leisure and hospitality industry has made a “very good argument” for a reduction in VAT but was cool on the prospect of such a tax cut occurring
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News
Moorhouse's MD critical of 'price slashing' brewers
David Grant is urging small brewers to stop selling cheap beer, warning that competing on price is damaging the trade
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News
Labour proposes 'tourism tax'
A Labour shadow minister has proposed a new levy on overnight accommodation for tourists to fund improvements to popular tourism locations
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News
Tourism VAT cut campaign steps up
A campaign to reduce VAT to 5% for the tourism sector is targeting different regions of the UK
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News
Treasury 'not persuaded' on tourism VAT cut
The Treasury is “thus far not persuaded” to reduce VAT for businesses in the tourism sector, a Government spokeswoman has told the House of Lords
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News
Griffiths reiterates VAT campaign skepticism
Tory MP says: “Cutting taxes for the likes of Starbuck and KFC is not a prospect that will see Mr Osborne reaching for his cheque book”