Submitted by Kevin Hutchins on Monday 6th July 2020
Published on Monday 14th September 2020
Current status: Closed
Closed: Sunday 14th March 2021
Signatures: 27
Increase VAT threshold from £85,000 to £200,000 for restaurant sector
Of the small restaurants that are now trying to open, many are in a turnover bracket of £85,000 to £200,000. Given the current restrictions many are unable to serve as many customers as they used to. The increase in the threshold would increase small restaurants chances of survival.
Many small independent restaurants will really struggle to survive!
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