Quote:
Originally Posted by RichardCoulter
They would need to raise their prices after the VAT cut to get it back to the same price.
The information about claiming the money back was on last night's 10pm BBC News, they can't both be correct.
Have you forgotten about my cognitive issues?
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Two separate schemes.
The VAT cut should mean that they can drop their prices to attract more customers. They keep the same amount of money. That would mean redoing prices on the menus.
The 50% discount(up to £10 per head and not including alcohol) is effectively the taxpayer paying that discounted part of the bill. Eg Bill for £15, customer hands over £7.50, the other £7.50 is claimed off the taxpayer.
All the more reason to double-check things, or just post something as a question, rather than as a statement of fact which is false.