Published: 11:34, 20 September 2017 |
Updated: 11:36, 20 September 2017
Wetherspoons pubs will be cutting their prices today to celebrate National Tax Equality day.
Pubs including The Thomas Waghorn in Chatham and the Golden Lion in Rochester will be taking part in the celebrations as they cut both food and drink prices by 7.5%.
The day aims to highlight the benefit of a VAT reduction in the hospitality industry,
All food and drinks in pubs are subject to 20 per cent VAT, compared supermarkets which benefits from zero-rate VAT.
As a result, supermarkets are able to use that saving to sell alcohol at a discounted rate.
Steve Clarke, manager at the Golden Lion, said: “We are keen to highlight the amount customers could save if VAT in pubs was lowered permanently.
“A reduction in the level of VAT on a long-term basis will generate growth and create jobs in the important leisure and hospitality sector and help the high street of which pubs are an integral part.”
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