Tuesday, August 25, 2009

The French reduce Vat on Restaurants and Cafes

VAT cuts in restaurants and cafés in France will help offset the weakness of the pound against the euro and encourage more UK holidaymakers, a specialist operator hopes.

VAT on all restaurants and cafés in France will be cut from 19.6% to 5.5% from Wednesday (July 1st).

French accommodation operator P&V estimates this will translate into a saving of approximately 10% when passed onto customers.

A meal typically costing €15 (£13) will be reduced to around €13.20 (£11.40).

The company also hopes the VAT reduction will make French ski resorts more affordable after they faced criticism last winter for inflated prices.

Theese are all good reasons to come to the French Alps for 2010.

Paolo

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