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Alcohol Tax

After the first article you might be in need a stiff drink or two, so let’s end on a better note.

Weatherspoons took drastic measures to protest over VAT. The pub chain announced only a couple of weeks ago that they were reducing the price of all food and alcohol by 7.5% for one day only (Tax Equality Day).

The protest was over the high prices faced by pub-goers, as all food and drinks in pubs are subject to 20% VAT, in comparison to food and drink in supermarkets who benefit from zero rate VAT. Therefore undercutting the pubs and restaurants.

I’ll raise a pint to that!