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Calls for tax break for hospitality businesses in the area
4:00pm Sunday 29th September 2013 in News
A LANDLORD in south Shropshire is calling upon the Government to give hospitality businesses in the area a break.
That is a tax break to be precise, to help them survive in cut back Britain.
Jack Limond, owner of the White Horse Inn in Clun, has backed Tax Parity Day with a 7.5 per cent cut in his prices.
It was all part of a campaign by members of the hospitality industry to try to get VAT reduced.
“We believe the tourism dependent economies of Shropshire would receive a massive boost, if Chancellor George Osborne was to cut the VAT for hospitality businesses,”
“At present the VAT man takes £1 in every five spent on drinking and dining out.
Every one of the 27 EU member states, except Denmark, has reduced its rate of VAT. Thirteen have a reduced rate for restaurant meals.
“Twenty-one EU countries have lower VAT rates than the UK.”
Jack has been encouraged to join the movement by the actions of veteran campaigner Jacques Borel, the French restaurateur, who is lobbying the UK Government to slash VAT, in order to boost employment.
“Pub businesses are highly labour intensive with staff costs being up to 30 per cent of net take,” added Jack.
“If lower prices encourage more people to drink and eat in pubs, pubs would be able to give more people better paid jobs, reducing unemployment and adding wealth to our local economy.”
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