financehotelowner.co.uk··1 min·For: Owner, GM, Investor
Scottish Government Backs 10% Hospitality VAT Cut
The Scottish government and the SNP have formally backed the #VATsTheProblem campaign, urging the UK Treasury to lower hospitality VAT to 10% in the upcoming Budget. The move follows an open letter from over 100 Scottish industry leaders and chefs seeking tax relief aligned with European rates.
Key Takeaways
- 1Scottish ministers sent letters to the UK Treasury and Prime Minister urging a 10% hospitality VAT rate.
- 2More than 100 hospitality leaders, including top chefs and Balmoral Hotel executives, initiated the plea.
- 3The national #VATsTheProblem campaign reports gathering roughly 390,000 supporters across the UK.
Source: hotelowner.co.uk
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