Belfast Telegraph

Hospitality firms backing VAT cut

Hundreds of thousands of new jobs could be created if VAT was cut by 5%, according to a report by pub, restaurant and hotel firms. A survey by the Jacques Borel VAT Club, which represents 43 pub, hotel and restaurant operators, found that firms would pass on more than half of any VAT reduction in lowering prices.

Hundreds of thousands of new jobs could be created if VAT was cut by 5%, according to a report by pub, restaurant and hotel firms. A survey by the Jacques Borel VAT Club, which represents 43 pub, hotel and restaurant operators, found that firms would pass on more than half of any VAT reduction in lowering prices.

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