Pub chain JD Wetherspoon is knocking 7.5 per cent off its food and drink prices next Thursday (24 September). The move comes as UK pubs aim to highlight the benefit of reduced VAT in the hospitality sector.
Part of Tax Equality Day, the campaign aims to lower the tax burden on pubs across the UK. All food and drink sold in pubs is usually subject to 20 per cent VAT. The same levy isn't applied to most food items sold in supermarkets.
Wetherspoons has cut its prices to mark Tax Equality Day for the past eight years.
Company founder, Tim Martin, said, “Pubs have been under fantastic pressure for decades due to the tax disadvantages they have with supermarkets.
“We are urging the Chancellor to create tax equality between pubs and supermarkets by making the current VAT regime for pub food and soft drinks permanent.”
What will the price cuts get you?
The price cut will reduce the price of a beer and burger meal at Wetherspoons from £6.29 to £5.82. An 11 inch margarita pizza with Pepsi will now cost £5.08.
Where and when is the deal available?
The price cut is taking place on Thursday 24 September 2020. The 7.5 per cent discount applies to all food and drinks sold in Wetherspoons pubs across England, Wales and Northern Ireland.
In Scotland, prices will be reduced on all food, non-alcoholic and hot drinks, but not alcoholic drinks, due to licensing restrictions.
Prices at Wetherspoons vary between locations, and many prices across the pubs have already been slashed by up to 28 per cent, following a VAT holiday announced by Chancellor Rishi Sunak in July.
Unlike the Tax Equality Day discount, the VAT holiday doesn’t apply to alcohol, but the pub chain reduced prices of some ales anyway.
Wetherspoons has around 900 pubs in the UK. You can find your local using their online finder tool.