The hospitality industry is outraged by tax hikes, with Anthony Pender warning that the National Insurance rise will cost his business an additional £44,000 annually. He stated, 'We’re looking at a 30 to 40p increase on a pint because of employment costs.' This is something small pubs simply cannot sustain, jeopardizing their viability.
Chancellor Rachel Reeves argues that increasing taxes on corporations is necessary to properly fund public services like the NHS. However, the hospitality sector expresses that such actions will indirectly burden consumers with higher prices and employees with reduced wages, fostering a sense of betrayal among small business owners.
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