Lviv restaurateurs protest: why their taxes will rise while Harrods' will decrease.

Problems of pubs and restaurants

According to The Sun: The hospitality industry is concerned as pubs and restaurants are forced to finance tax cuts for luxury department stores such as Harrods and Selfridges. According to industry representatives, Finance Minister Rachel Reeves is responsible for putting struggling establishments in a position where they have to cover the costs due to changes in the business tax system.

Tax cuts for luxury stores

According to a study by Ryan Tax, Harrods' bill will decrease by £1.1 million.

Stay tuned!

The situation in the hospitality sector is alarming, as it has long been going through tough times due to the pandemic and changes in the economic environment. The tax cuts for large department stores create additional pressure on small businesses, which are already suffering from a lack of customers and high costs. This issue requires urgent resolution to restore the balance between large and small enterprises.