Allow UK Hospitality Businesses to Reclaim 10% Food Costs Against quarterly VAT
We call on Government to allow hospitality businesses to reclaim 10% of their food costs against their quarterly VAT bill. We believe this would help businesses remain viable, protect jobs & sustain local communities, and that this could support thousands of independent businesses.
Peter Kyle
Business Secretary
Similar motions
Cut VAT for local hospitality – for Pubs, Cafes & Restaurants
Bring back 75% business rates relief for retail, hospitality & leisure sectors
Review rising costs & financial pressures on the UK hospitality sector
Abolish business rates for UK pubs and hospitality businesses
Reduce the standard rate of VAT to 15%
Allow UK Hospitality Businesses to Reclaim 10% Food Costs Against quarterly VAT
We call on Government to allow hospitality businesses to reclaim 10% of their food costs against their quarterly VAT bill. We believe this would help businesses remain viable, protect jobs & sustain local communities, and that this could support thousands of independent businesses.
Peter KyleSimilar motions
Cut VAT for local hospitality – for Pubs, Cafes & Restaurants
Bring back 75% business rates relief for retail, hospitality & leisure sectors
Review rising costs & financial pressures on the UK hospitality sector
Abolish business rates for UK pubs and hospitality businesses
Reduce the standard rate of VAT to 15%