Trade call on VAT activity

LOBBYING group the Jacques Borel VAT Club is encouraging hospitality businesses across the UK to lower the price of food and drink for one day, in a repeat of last year’s ‘Tax Parity Day’ activity.

The initiative will see businesses lower prices on food and drink by 7.5% for a single day in order to demonstrate the value of a lower VAT rate.
This year renamed Tax Equality Day, the activity will take place on September 24.