Wetherspoon pubs across the UK will be cutting the price of all food and drink in its pubs by 7.5 per cent on Thursday September 15. The move aims to highlight the benefit of a permanent VAT reduction in the hospitality industry.
Prices at the company’s 851 pubs (not including Republic of Ireland) will be reduced for one day only to mark Tax Equality Day. In Scotland, prices will be reduced on meals and non-alcoholic drinks only due to licensing restrictions. This means a customer spending £10 on food and drink will only pay £9.25 on Tax Equality Day.
All food and drink in pubs is subject to 20 per cent VAT. By comparison, supermarkets pay zero VAT on food, and are able to use that saving to sell alcohol to its customers at a discounted price.
