Pub backs VAT reduction

editorial image

A Cumbernauld pub is to cut the price of all food by 15 per cent on Wednesday, September 25.

The Carrick Stone in Teviot Walk is backing a national Tax Parity Day.

The day aims to highlighting the benefit of a VAT reduction in the hospitality industry.

Prices at the Wetherspoon pub will be reduced for one day only, in order to show the benefits of a VAT reduction to five per cent.

At present all food and drink in pubs is subject to 20 per cent VAT, compared to supermarkets which benefit from a zero VAT rate.

Chris Doyle, pub manager, said: “Customers coming to the pub on Wednesday, September 25 will find the price of their food is lower than normal.

“We are keen to highlight the amount customers would save if VAT in pubs was lowered.

“So, for example, the total price of a meal for a customer at The Carrick Stone would be reduced from £10 to £8.50 on Tax Parity Day.”