Open Menu
AllLocalCommunitiesAbout
lotide
AllLocalCommunitiesAbout
Login

The £12bn VAT cut for hospitality. Who really benefits?

⁨10⁩ ⁨likes⁩

Submitted ⁨⁨1⁩ ⁨week⁩ ago⁩ by ⁨Veserr@sh.itjust.works⁩ to ⁨unitedkingdom@feddit.uk⁩

https://taxpolicy.org.uk/2026/06/12/hospitality-vat-cut-who-benefits/

source

Comments

Sort:hotnewtop
  • Zombie@feddit.uk ⁨1⁩ ⁨week⁩ ago

    I was almost flippant and just commented “capitalists” but I thought I’d see what they had to say, and guess what?! It’s profiteering capitalists…

    The largest single share of the benefit goes to big business to increase profits (rather than cut prices)

    source
  • Korhaka@sopuli.xyz ⁨1⁩ ⁨week⁩ ago

    I suggest we only cut it for independent locations.

    source