Blanket VAT hike a missed opportunity for UK hospitality
The coalition government’s move to raise VAT to a uniform 20 per cent from January next year in yesterday’s emergency budget is a 'missed opportunity' for UK hospitality
The coalition government’s move to raise VAT to a uniform 20 per cent from January next year in yesterday’s emergency budget is a 'missed opportunity' for UK hospitality
Industry experts have welcomed the delayed start of the new 20 per cent rate of VAT, claiming it will allow hospitality companies to find ways of absorbing the additonal costs rather than passing them on to cash strapped consumers