Lib Dems call for 5% VAT cut for pubs and restaurants

Liberal Democrats unveil £12billion plan to cut VAT for pubs and restaurants

The Liberal Democrats have unveiled an emergency proposal to cut VAT for hospitality venues from 20 to 15 per cent, saying the move would help families priced out of Britain’s pubs and restaurants.The tax reduction is the centrepiece of a £12billion cost of living support package designed to deliver immediate relief for households and small businesses.Deputy leader and Treasury spokesperson Daisy Cooper announced the initiative, which would also…

Lib Dems call for 5% VAT cut for pubs and restaurants

The party also wants to axe the renewables levy from bills, funded by a windfall tax on big banks.

Lib Dems call for cut to hospitality VAT to make ‘small joys’ more affordable

The Liberal Democrats are calling for a 5% cut to VAT for hospitality businesses in the upcoming budget to make going out to the pub and restaurants more affordable. The party is also proposing the main renewable levy be removed from energy bills under the £12 billion support package it is putting forward ahead of the Chancellor’s statement on November 26. Deputy leader Daisy Cooper said the plan aims to return “small joys” like a restaurant mea…