VAT
We report on VAT policy and its implications for the UK foodservice and hospitality sector, including rate changes, government decisions, lobbying campaigns, and compliance challenges. From reduced VAT measures during the pandemic to the sector’s push for permanent reform, this brings together essential updates that affect margins, pricing, and profitability. Whether you’re a small independent or a multi-site operator, understanding VAT is critical to managing costs and planning for sustainable growth. Our coverage is written to support chefs, operators, F&B leaders, and finance teams navigating a complex and evolving tax landscape.
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Sep- 2020 -30 SeptemberGovernment
Hospitality leaders ask for PM’s help to avoid ‘bleakest of winters’
Over 100 hospitality businesses have written directly to prime minister Boris Johnson calling on him to personally do more to support the sector before the ‘‘bleakest of winters’’. Led by trade organisations, including UKHospitality and the British Beer and Pub Association, the letter states that there will be more job…
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25 SeptemberCoronavirus
Hospitality associations claim chancellor’s plan ‘doesn’t go far enough’
Leading hospitality associations UKH and BBPA have “expressed relief” at “some elements” of the chancellor’s new Winter Economy Plan but added they are concerned jobs remain “at serious risk.” The new “Job Support Scheme” announced yesterday follows the “devastating” additional restrictions for the hospitality sector revealed earlier in the week.…
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24 SeptemberCoronavirus
Chancellor unveils new Job Support Scheme
The chancellor has today announced a new Jobs Support Scheme that will see the government “directly support” the wages of those in part-time work. The scheme, which will run for six months starting this November, will see the government attempt to preserve “viable” jobs by subsidising the pay of employees…
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24 SeptemberCoronavirus
Quarter of hospitality businesses likely to collapse without support, survey finds
One quarter of hospitality businesses believe they may collapse in the next three months if they do not receive further government support, according to the latest survey from industry leaders. Pub and hospitality trade bodies, British Beer and Pub Association, UKHospitality and British Institute of Innkeeping, held a survey of…
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24 SeptemberCoronavirus
Deliveroo calls for further industry support as restrictions grow
Deliveroo, alongside major restaurant partners, is calling on the government to provide further financial support to the restaurant sector as restrictions tighten. In a letter addressed to Rishi Sunak, which was signed by the CEOs of Pizza Hut and KFC, the online food delivery company outlined what additional support is…
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24 SeptemberCoronavirus
Chancellor set to unveil furlough replacement after Budget cancellation
Chancellor Rishi Sunak has cancelled this year’s Budget but is set to unveil new measures aimed at protecting employment and the UK economy in parliament later today (24 September). It is thought the new measures will replace the current furlough scheme, which is set to expire at the end of…
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23 SeptemberTrade Associations
UKHospitality calls on Scottish government to give more industry support
UKHospitality in Scotland has called on the Scottish government to provide additional support to the country’s hospitality industry, following additional Covid-19 restrictions which are set to affect businesses. First Minister Nicola Sturgeon announced yesterday (23 September) that bars and restaurants must close by 10pm by 25 September and table service…
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22 SeptemberCoronavirus
PM announces new 10pm curfew for hospitality
All pubs, bars and restaurants will be required to close by 10pm from Thursday 24 September, the prime minister has announced, as the government aims to curb the rise in coronavirus infections. All venues will now be required to operate via table-service unless offering takeaway and retail and indoor hospitality…
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16 SeptemberCoronavirus
UK inflation slumps to five-year low
The Consumer Prices Index (CPI) 12-month rate fell to 0.2% in August 2020, down from 1.0% in July, according to new data from the ONS. The ONS said falling prices in restaurants and cafes, arising from the Eat Out to Help Out Scheme, resulted in the largest downward contribution (0.44…
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14 SeptemberCoronavirus
A quarter of licensed premises yet to reopen
Nearly a quarter of licensed premises were yet to reopen at the end of August, according to the latest market recovery monitor from CGA and AlixPartners. Its latest data found that the London market was “particularly slow” to recover, while only 76.3% of sites have returned to trading since the…
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