financehotelowner.co.uk··1 min·For: Owner, GM, Investor, F&B
Scottish Hospitality Leaders Demand 10% VAT Rate
Over 100 Scottish chefs, hoteliers, and pub operators have urged First Minister John Swinney to back the #VATsTheProblem campaign to lower the hospitality VAT rate to 10%. The coalition warns that the current tax burden is driving business closures and job losses across Scotland.
Key Takeaways
- 1More than 100 Scottish operators, including Macdonald Hotels and The Balmoral, signed an open letter to the First Minister.
- 2The #VATsTheProblem campaign seeks a 10% VAT rate to align the UK with European averages.
- 3Industry leaders want the Scottish government to formally lobby the UK Treasury ahead of the upcoming Budget.
Source: hotelowner.co.uk
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