Euro MP calls for cut in VAT

First published in News

BOLTON Euro MP Paul Nuttall is calling for an urgent VAT cut for the leisure industry.

He wants to see a cut from the 20 per cent rate down to only five per cent.

Mr Nuttall said: “There should be a change in VAT so drinks in pubs can be sold at prices which are competitive with those sold in supermarkets. Two-thirds of the cost of a pint of beer in a pub is swallowed in tax.

“The Government is supposed to be committed to creating jobs — here is a fantastic opportunity and it will bring in more money to the Exchequer as well as safeguarding pubs which are at the heart of local communities.”

Comments (1)

Please log in to enable comment sorting

10:32am Tue 29 Jan 13

Beyond News Forum says...

I'm all for tax cuts, but right now it is not a great idea. We need to drop inflation and cut the national debt, increase wages and put funds into British industry.

When wages have stabilized in accordance with inflation, energy bills are lowered and food prices drop then and only then should we be asking for a drop in VAT.

There should be a radical change in VAT - But to shout about cutting VAT in the leisure industry seems to be a little pointless.

What should be happening is a 3-tier system:

Higher rate on huge corporations/banks

Mid rate on medium sized business

Lower rate on small business/energy companies (so that bills become lower even if it is short term as fuel poverty is going insane).

I do not know how exactly it could be done fairly and amicably but it just does not seem fair under the current system to have an across the board flat rate.

I thoroughly believe that the current rate of VAT is doing more damage than good, and I will say that the overall feeling within society is that something needs to be done before the tipping point for many people becomes un-fixable.

We have a huge problem with the government being blind to the coming poverty in cities and towns beyond London and the south. This is going to reach boiling point sooner rather than later, which I predict a summer of absolution and discontent in this country. We see what is happening in Greece, Spain and Italy, we see the Arab Spring, we see our government dishing out advice to these countries yet doing exactly the same here with austerity measures that are not working in the right places.

Yes the national debt is erratic, up and down like a yo-yo, thus proving that what ever the government does with austerity the stock markets close rank on the country and all the good work then becomes negligible.

No easy solution, no easy answers and a country that is teetering on the edge of disaster and possible civil unrest like we have not seen for hundreds of years.

Of course I am going to have the shills run the rule over my comment, but mark my words something very dire is coming to this country and it is going to be very costly in lives and fiscally.
I'm all for tax cuts, but right now it is not a great idea. We need to drop inflation and cut the national debt, increase wages and put funds into British industry. When wages have stabilized in accordance with inflation, energy bills are lowered and food prices drop then and only then should we be asking for a drop in VAT. There should be a radical change in VAT - But to shout about cutting VAT in the leisure industry seems to be a little pointless. What should be happening is a 3-tier system: Higher rate on huge corporations/banks Mid rate on medium sized business Lower rate on small business/energy companies (so that bills become lower even if it is short term as fuel poverty is going insane). I do not know how exactly it could be done fairly and amicably but it just does not seem fair under the current system to have an across the board flat rate. I thoroughly believe that the current rate of VAT is doing more damage than good, and I will say that the overall feeling within society is that something needs to be done before the tipping point for many people becomes un-fixable. We have a huge problem with the government being blind to the coming poverty in cities and towns beyond London and the south. This is going to reach boiling point sooner rather than later, which I predict a summer of absolution and discontent in this country. We see what is happening in Greece, Spain and Italy, we see the Arab Spring, we see our government dishing out advice to these countries yet doing exactly the same here with austerity measures that are not working in the right places. Yes the national debt is erratic, up and down like a yo-yo, thus proving that what ever the government does with austerity the stock markets close rank on the country and all the good work then becomes negligible. No easy solution, no easy answers and a country that is teetering on the edge of disaster and possible civil unrest like we have not seen for hundreds of years. Of course I am going to have the shills run the rule over my comment, but mark my words something very dire is coming to this country and it is going to be very costly in lives and fiscally. Beyond News Forum
  • Score: 0

Comments are closed on this article.

Send us your news, pictures and videos

Most read stories

Local Info

Enter your postcode, town or place name

About cookies

We want you to enjoy your visit to our website. That's why we use cookies to enhance your experience. By staying on our website you agree to our use of cookies. Find out more about the cookies we use.

I agree