Prices at The Penny Black in Sheep Street will be reduced on Thursday, September 14, to mark Tax Equality Day in the Wetherspoon pub.

A customer spending £10 on food and drink will pay £9.25 on Tax Equality Day.

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All food and drink in pubs is subject to 20 per cent VAT.

But supermarkets pay zero VAT on food, and are able to use that saving to sell alcohol to their customers at a discounted price.

The pub’s manager, Jonny Gill, said: “Customers coming to The Penny Black on Thursday September 14 will find the price of their food and drink is lower than normal.

“It is unfair that supermarkets pay zero VAT on food, but pubs pay 20 per cent.

“Pubs have been under fantastic pressure for decades due to the tax disadvantages they have with supermarkets.

“The tax benefit allows supermarkets to subsidise the selling price of beer and it doesn’t make sense for the hospitality industry to subsidise supermarkets.

“We urge the Chancellor to create tax equality between pubs and supermarkets.”

The Penny Black is situated in a former post office with a long crescent-shaped bar.

 

This story was written by Matthew Norman, he joined the team in 2022 as a Facebook community reporter.

Matthew covers Bicester and focuses on finding stories from diverse communities.

Get in touch with him by emailing: [email protected]

Follow him on Twitter: @OxMailMattN1

 

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