REDUCE VAT FOR THE NIGHT TIME ECONOMY, HOSPITALITY & CULTURE BUSINESSES
The Culture Calling campaign is asking the government to reduce VAT to 12.5% for the hopitality and cultural sectors in the upcoming budget
Over the last three years, the Government has consistently undervalued the hospitality and culture sectors within the UK, failing to deliver adequate support at a time of crisis.
Night Time, Hospitality and Culture businesses are suffering, with over 13,000 businesses lost since March 2020, and thousands more are now on the verge of collapse, with millions of jobs at risk.
The financial constraints on businesses are untenable, with operating costs 40% above pre-pandemic levels and consumers starting to feel the inflationary pressures, and attendance and spend being affected squeezing the profit line of every business within the UK.
Independent businesses and culture have been the hardest hit with a 13% contraction in independent businesses and the culture economy struggling to return in time to save many from insolvency. The Spring budget left a void in support which many will not recover from.
Businesses are dealing with an immediate crisis, which needs immediate action from a Government who once said they would leave no one behind.
We are joining with Culture Calling to ask for the Government to cut VAT across the board for the Hospitality and the Cultural sectors to allow them the financial headroom to survive.
PLEASE GET INVOLVED!
One minute of your time will make a massive difference
HOW YOU CAN HELP:
- Sign up to the campaign
- Follow @culturecallingcampaign and sign up in their bio to find out how you can support this campaign ahead of the Autumn budget
- Share the campaign through your channels
- Download and share the campaign video by posting on your socials.
- Share the sign up link to your stories, tagging the accounts below.
- Share the following posts on your channels: Instagram or Twitter / X
Please remember to include the following on your posts:
TAGS – culturecallingcampaign, @ntiaofficial & @saveoursceneuk
HASHTAG – #standupforculture
