Wetherspoons slams Government over ‘Monty Python’ VAT rules
The IndependentFor free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy JD Wetherspoon has criticised the Government for “Monty Python” VAT rules which it said will bolster supermarkets instead of the hospitality sector. Wetherspoons said plans to return VAT levels for hospitality food to previous levels shows “unfairness” compared with retail, where there is largely no VAT. “Treating the same product, food, the same way for tax purposes makes economic sense.” It came as Wetherspoons said it expects to tumble to a loss for the current financial year after sales since reopening slipped below pre-pandemic levels. “Landlords landowners, and local and licensing authorities have been extremely flexible in accommodating extra outside space – which has helped Wetherspoon and the licensed trade generally.” Wetherspoons said it has opened two new pubs in the past six months and now has an investment pipeline which includes 18 new sites.
History of this topic
Wetherspoons boss Tim Martin demands pub tax cut to end ‘discrimination in favour of dull dinner parties’
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Changes to alcohol duties ‘bad news’ for hospitality sector, Wetherspoons boss Tim Martin warns
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JD Wetherspoon could see more punters opting for cheaper pints amid costs battle
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JD Wetherspoon could see more punters opting for cheaper pints amid costs battle
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Coronavirus: Wetherspoon warns of annual loss due to pandemic
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Wetherspoons £1.29 pint: Will alcohol be cheaper from Wednesday with VAT discount?
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