There is a growing suspicion that Chancellor Rachel Reeves has completely botched the reform of business rates. Since her autumn Budget last month, it has emerged that giants such as Harrods, Selfridges and Greggs stand to save millions of pounds a year while smaller hospitality sector rivals face sharp increases in their rates – negating […]
The government currently has “no plans” to extend the VAT cut for hospitality, tourism and leisure businesses, despite industry calls for the tax break to continue while coronavirus restrictions are still in place. The Chancellor Rishi Sunak last year reduced VAT for hospitality from 20 per cent to five per cent as part of emergency […]
