#MSE Tip [Who Is And Isn't Passing On The Recent VAT Cut?]

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BeautifulSunshine
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#MSE Tip [Who Is And Isn't Passing On The Recent VAT Cut?]

Post by BeautifulSunshine » Wed Jul 22 2020 7:10am

On 15 Jul, the Government cut VAT to 5% for the hospitality sector including restaurants, cafes and pubs till 12 Jan 2021. This has led to many big chains such as KFC, McDonald's, Costa, and Nando's slashing prices – so we've canvassed 21 big eateries, coffee shops and pubs to see where you'll save, and if so, by how much.

VAT is a tax on businesses which is normally added to the price, so they don't have to pass the saving onto customers, it's completely up to each outlet – and of course, if you're not happy with any outlet that isn't, you've the choice to go elsewhere.
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