Saturday, March 14, 2009

News: Inhuman Tax on Pubs Forcing Closure

I would like to make a direct appeal to the humanity of British lawmakers...

Tim Martin, the group's chairman, said that the level of tax being levied on the trade was contributing to the closure of pubs in record numbers - according to recent figures 39 a week. He said that each of Wetherspoon's pubs generated average taxes of £530,000 but earned only £50,000 in after-tax profits. “The Government seems not to understand the economic impact of new taxes and legislation and continues to impose new burdens at a huge rate.”
Have they no decency?

The Story:
http://business.timesonline.co.uk/tol/business/industry_sectors/leisure/article5904097.ece

1 comment:

Mike Goldthorpe said...

Tied pubs aren't helping things much either. Sad that a brewery can be forced to make a pub sell only it's own beers....