Drinkers at two Bedford pubs will enjoy cut-price food and drink on Wednesday as part of a VAT protest.
The Banker’s Draft in High Street and The Pilgrim’s Progress in Midland Road, are backing a national Tax Parity Day, aimed at highlighting the benefit of a VAT reduction in the hospitality industry.
Prices at the Wetherspoon pubs will be reduced for one day only, on Wednesday, September 25,fito show the benefits of a VAT reduction to 5ve per cent.
All food and drink in pubs is subject to 20 per cent VAT, compared to supermarkets which benefit from a zero VAT rate.
Neil Gorrod, manager of The Banker’s Draft, said: “We are proud to support the campaign to reduce the level of VAT within the pub industry.
“Customers coming to the pubs on Wednesday will find the price of their food and drink is lower than normal.
“We are keen to highlight the amount customers would save if VAT in pubs was lowered.
“So, for example, the total price of a meal and drinks for a customer at the pubs would be reduced from £10 to £9.25 on Tax Parity Day.”
Wetherspoon chairman Tim Martin added: “A reduction in the level of VAT on a long-term basis will generate growth and create jobs in the important leisure and hospitality sector.”