Pubs, bars and restaurants set for £213 million tax hike- ALMR

Kate Nicholls
Industry
26/10/2017 - 07:00
The Association of Licensed Multiple Retailers (ALMR) has warned a tax rise of £213 million is on its way to the UK's eating and drinking out sector.

The organisation predicts the Autumn Budget in November will deliver the ‘massive tax hike’ through increases to businesses rates and excise duty.

In a letter sent to government, the ALMR called on the chancellor to safeguard employment and growth within the industry.

“With Brexit on the horizon, this is a hugely important moment for the UK,” said ALMR chief executive, Kate Nicholls.

“This could also be a crucial Budget for the eating and drinking out sector. Unquestionably, cost pressures are rising at a time of maximum uncertainty and confusion for employers.

“The eating and drinking out sector is currently doing some fantastic work, revitalizing high streets and driving employment and growth; but these businesses are not immune to pressures.

“The Government has the power to provide support for vital UK business that will ease pressure, provide stability and help them unlock even greater potential.”

In its letter to Downing Street, the ALMR calls for, among other things, reform to business rates, a cap on alcohol duty rates, and an increase of pub-specific relief to £5,000 per annum and a broadening of it to include the wider eating and drinking out sector.

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