As of 1st July 2009, VAT on all restaurants and cafes in France has been cut from 19.6 per cent to 5.5 per cent, a huge reduction leading to big savings for consumers. This translates into a saving of approximately 10 per cent when passed onto customers, meaning a meal typically costing €15 (£13) will be reduced to around €13.20 (£11.40).
The move aims to boost consumer spending in the busy summer period throughout France and attract more visitors on Paris breaks from the UK, offsetting the slightly weaker Pound Sterling against the Euro.
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1 Will 12% price cuts in French cafes and restaurants entice you to visit France? // Jul 3, 2009 at 3:03 pm
[...] Click here and subscribe to our RSS feed. Thanks for visiting!The French Government have reduced the rate of Tax (VAT) chargeable by cafes and restaurants from almost 20% to 5.5% in an effort to get customers out [...]
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