All Tax articles – Page 12
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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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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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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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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”
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VAT campaign writes to every pub
The campaign group to reduce VAT to 5% for the sector has written to every pub in the country calling for their support
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Trade body seeks Parliament debate on VAT
The Federation of Bangladeshi Caterers is to launch an on-line petition in an attempt to secure a debate in Parliament about reducing VAT on restaurant meals
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OpinionGetting a grip on tax
JD Wetherspoon chairman Tim Martin respons to Andrew Griffiths MP, chair of the All-Party Parliamentary Beer Group, on the subject of cutting VAT in the sector
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NewsStarbucks makes £5m tax payment
Starbucks has paid corporation tax in Britain for the first time since 2008, after paying £5m to HMRC
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News
National cut VAT day to be launched
Campaigners aiming to reduce the level of VAT in the hospitality sector from 20% to 5% headed by Jacques Borel are planning to launch a national day of action
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News
Beer duty cut 'will yield 200m extra pints'
The penny-off-a-pint duty cut at the last Budget will contribute 200m pints a year to the UK beer market by 2014-15, according to Government estimates
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News
BHA urges Government help for sector
The British Hospitality Association (BHA) has outlined four key areas on which the Government should act to help the hospitality and tourism industry