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Rishi Sunak announces £150m fund for punters to purchase their pubs | UK | News


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“Confirmation that the Government will provide support for a full year will bring peace of mind to the sector.
“While it would have been better to have extended the 5 percent rate further, it is now vital that the Government looks at introducing the interim rate for hospitality on a permanent basis.
“It would be a positive legacy of an otherwise dreadful year for our sector.
“A permanent reduced rate of VAT for hospitality would redress the unfair tax imbalance that our businesses have faced for too long and make us internationally competitive.”
On business rates, she continued: “It is great that this fixed cost has been eliminated during the recovery and is heavily reduced for the rest of the financial year. ....

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