Hospitality wants permanent VAT cut, ‘not gimmick’
The hospitality sector’s renewed call for a permanent VAT cut, rather than temporary schemes, underscores a deep desire for long-term stability and strategic planning within an industry often hit hard by economic fluctuations and external shocks. Here’s a breakdown of the arguments and implications: **Why Hospitality Wants a Permanent Cut (“Not a Gimmick”):** 1. **Stability
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Economy