Beer prices cut to show the benefits of life without VAT on drink
A BOOTLE pub is to cut the price of all food and drink by 7.5 per cent on Wednesday, September 20.
The Wild Rose in Stanley Road is backing a national Tax Equality Day, aimed at highlighting the benefit of a VAT reduction in the hospitality industry.
Prices at the JD Wetherspoon pub will be reduced for one day only, in order to show the benefits of a VAT reduction.
At present all food and drink in pubs is subject to 20 per cent VAT, compared to supermarkets which benefit from a zero VAT rate on all food.
As a result, supermarkets are able to use that saving to sell alcohol at a discounted rate.
The pub’s manager, Frances Baines, said: “We are proud to support the campaign to reduce the level of VAT within the pub industry.
“Customers coming to the pub on Wednesday September 20 will find the price of their food and drink is lower than normal.’’
Ms Baines added: “We are keen to highlight the amount customers could save if VAT in pubs was lowered permanently.
“So, for example, the total price of a meal and drinks for an individual would be reduced from £10 to £9.25 on Tax Equality Day”