T.E.D. by ajisaac


T.E.D. stands for Tax Equality Day.

Wetherspoon’s pubs cut the price of all food and drink by 7.5 per cent on Thursday 19 September.

The company’s pubs in England, Wales, Scotland and Northern Ireland are hosting a Tax Equality Day, aimed at highlighting the benefit of a VAT reduction in the hospitality industry.

UK Hospitality’s chief executive, Kate Nicholls, said: “Tax Equality Day is a great way to highlight just how hospitality businesses are disproportionately hit by VAT.

“Pubs are paying around one-third of their turnover in tax, which seriously restricts their ability to invest in their venues and staff and increases prices for customers.

“A cut in the rate of VAT for the hospitality sector could help to address this unfairness and allow pubs and bars to invest in their businesses and staff members, while providing even greater choice for customers.”
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