Currently 70 pubs in Solihull benefit from Retail, Hospitality and Leisure relief. The average pub in Solihull benefitted from 75% relief, reducing the bill to £8,999. This is being cut by the Labour Government to just 40%, resulting in bills soaring way above the national average in Solihull to £21,954.
In addition, National Insurance Contributions (NICs) increases result in an average annual tax increase in excess of £800 per employee. The average employer who loses out will see their liabilities increase by around £26,000.
To support our local pubs, Neil, Member of Parliament for Solihull West & Shirley, has launched his ‘Best Local Pub’ competition to champion and celebrate the contribution that local pubs make to our community.
Nominations are open now and close at midday on Friday 28th February.
Dr Neil Shastri-Hurst MP said:
The Government’s poorly thought through increases to business rates and NICs increases are going to hit our local hospitality sector.
Outside of London, it is pubs in Solihull that will have one of the highest bills to pay following Labour’s tax-raid, an increase on average of £12,955.
Together let us support out local pubs in Solihull West & Shirley. Please nominate your ‘Best Local Pub’ so we can support our vital hospitality sector.