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Peter Giacopazzi retweeted
VAT cut petition smashes 200,000 signatures
Read here:
morningadvertiser.co.uk/Arti…
#HospitalityVAT
Peter Giacopazzi retweeted
I'm actually speechless. Shes got the message but what help...... @UKHofficial
morningadvertiser.co.uk/Arti…
Peter Giacopazzi retweeted
150,000 signatures already in supporting the 10% VAT campaign on hospitality!
Thank you to everyone who has already signed far. Lets keep this going.
If you haven’t yet signed this petition pleased do, and feel free to share
We want to hit the 1 million mark at least.
Click the link below 👇
vatstheproblem.co.uk
Peter Giacopazzi retweeted
Brilliant response from the whole community to @ChefTomKerridge call to arms to back his and the industry’s VAT campaign. Let’s keep up the momentum - sign, share, support
Pass it on #VatsTheProblem
100,000 signatures in under 72 hours supporting 10% VAT on hospitality! Huge thanks to everyone who’s signed and shared so far. This is just the start - we’re aiming for 1 million. Let’s keep pushing. Share and get your teams involved 👉 vatstheproblem.co.uk/
Peter Giacopazzi retweeted
Hospitality has so much potential - to create jobs, to drive high street regeneration and economic growth. But it is held back by tax - the most highly taxed sector of the economy
Now the sector is united that #VATsTheProblem. A new sector-wide campaign, spearheaded by Tom Kerridge, is calling for hospitality VAT to be reduced from 20% to 10% - the single biggest lever the Government can pull to unleash potential. So let’s make the Sunmer’s VAT cut the start. Sign the petition today 👇
vatstheproblem.co.uk
Peter Giacopazzi retweeted
Hospitality and other businesses in the experience economy give us the foundation to tell stories - they are our book covers, pages and spines and our people give voice and bring those stories to life
The power of storytelling in driving regional growth was in the spotlight at #GreaterTogetherLA as we brought our destinations together with US counterparts at our #tourism roundtable. Great discussions & thanks to all for joining us @GREATBritain 🇬🇧 🇺🇸
Peter Giacopazzi retweeted
Hospitality generates 5% of GDP but pays 15% of all business rates - this needs urgent reform and this years revaluations need pausing and bills frozen for all the sector
“Business rates are a block and a barrier on investment.”
@leondthompson from @ukhscotland gave evidence to the Scottish Parliament on rates.
All parties must commit to reforming the broken business rates system and introduce a permanently lower poundage for hospitality.
Peter Giacopazzi retweeted
“The quickest, easiest and simplest way to get a boost to business would be to cut VAT.”
A lower rate of VAT. Proper reform of business rates. Fixing NIC’s - those are the best ways to cut hospitality’s cost burden. @UKHospKate, our Chair, speaks to @BBCNews.
Peter Giacopazzi retweeted
Peter Giacopazzi retweeted
We need an emergency 6Month #VatCut to 13% in line with the rest of Europe’s Hospitality - this cut to be targeted at Pubs, Restaurants, Bars, Clubs, Cafes and in house F&B operations within Attractions and Hotels like I’m Ireland. This cut would represent less than 2.5% of our current #Hospitality Tax Bill #NoLabourMPs #TaxedOut
Our call for an emergency #VATCUT to 13% nothing else will fix the problems within our industry. #Hospitality #TaxedOut
Peter Giacopazzi retweeted
Those of us that work now simply pay for those that don’t.
A generation or 2 before would be absolutely mortified at admitting they don’t have a job - now it’s a badge of honour.
This is the UK 2025.
Peter Giacopazzi retweeted
Swapping Angela Rayner for David Lammy is like changing your shirt, when you’ve shat your pants. 💩
Peter Giacopazzi retweeted
Sweden to cut Vat rate on food in half in budget measure businesspost.ie/article/swed…
Peter Giacopazzi retweeted
A reminder that UK hospitality guests are the most highly taxed in Europe - paying the highest prices because our businesses are #TaxedOut
Peter Giacopazzi retweeted
Taking the #TaxedOut campaign to the heart of government with meetings with @allen_m_simpson and @UKHofficial at No 10, Business Department and Parliament
Peter Giacopazzi retweeted
Hospitality is the beating heart of our economy and communities, but we’re being #TaxedOut.
We are calling on the Gov't to act in the Budget.
✅Lower business rates
✅Fix NICs
✅Cut VAT
We’re making our voice heard & we need yours too.
Find out more 👉ukhospitality.org.uk/campaig…
Peter Giacopazzi retweeted
This afternoon @PeterABedford led a Westminster Hall debate on the impact of the VAT registration threshold on SMEs.
Peter reiterated our call for a cut of VAT to 12.5% for the hospitality sector to keep prices down, support the high street and benefit customers.
🎬👇
Peter Giacopazzi retweeted
The Prime Minister has come out in the aftermath of this weeks disaster for his party to say that he is determined to deliver for UK people.
The thing is that fiscal policy has to fit the rhetoric.
He says economic growth is his priority but the last budget delivered anything but.
My industry, hospitality, is being milked dry. It has the highest tax burden ever and that taxation level is higher than in any other European country.
People talk fluently about job losses and closures and they are, indeed, continuing to rise. However, the first victim of the budget was investment. Even large Well funded companies who are able to ride out the current crisis have slashed their growth capital budgets. Instead they will focus their funds on buying distressed independent businesses on the cheap.
If the budget was meant to stimulate growth, the Chancellor needs a lesson in the ‘law of unintended consequence.
Peter Giacopazzi retweeted
A simple and clear message whatever the economic headwinds between now and Autumn Budget - you cannot tax your way to growth
UK government borrowing rose more than expected in year to March to £151.9bn, official figures show bbc.in/4lIE8r0
Peter Giacopazzi retweeted
British Steel, losing £700k a day, employs 2,700 people. Gov jumping in to save the day and land the tax payer with the cost of employing 2,700 people at £700k a day, bailing out the overseas owner. UK hospitality employs over 1m, and Gov is willfully taxing it into extinction.