Trademagazin > Horeca > Wolt and 500 restaurants are asking the government to reduce VAT on restaurant supplies
Wolt and 500 restaurants are asking the government to reduce VAT on restaurant supplies
To reduce the serious consequences of the COVID-19 crisis on domestic restaurants, Wolt Food Company asks the Government to assist its restaurant partners with the VAT rate of 27 percent for food taken out of restaurants and for locally consumed food. reduced to 5 percent. The owner of 500 restaurants and the Hungarian Catering Industry Association have also signed the letter to the Minister of Finance.
picture: wolt.com
Restaurant traffic has fallen dramatically in recent times, due to the COVID-19 virus and due to the justifiably introduced restrictive measures. Due to the almost complete disappearance of local consumption, food delivery to restaurants is now not only a significant but exclusive source of revenue. At the same time, fixed costs are high in the restaurant sector – raw materials for production, salaries and rents, all of which are constantly paid dues.
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