VAT is being slashed for businesses in the tourism and hospitality industries. But what’s happening and what does it mean for households? Here’s what you need to ...
Wetherspoon’s is to cut the price of all its food and drink by 7.5% on Thursday to highlight the benefit of a permanent VAT reduction for the struggling hospitality industry. The chain said the move ...
THE GOVERNMENT will have to expand the tax base to make the proposed reductions in value-added tax (VAT) sustainable, and may need to resort to a crackdown on transactions currently exempt from VAT, ...