mo4ch:>Pure Gym boss calls for VAT-free memberships
Pure Gym boss calls for VAT-free memberships
Pure Gym boss calls for VAT-free memberships
19 June 2018
Image copyright
Pure Gym
The boss of Britain's biggest gym chain is calling for the government to remove VAT from gym memberships to improve the nation's health.Humphrey Cobbold, head of Pure Gym, told Radio 5 live that price was "the single most important" factor when deciding whether to join a gym. VAT at the standard rate of 20% is charged on gym memberships and passed on to customers. The Treasury suggested its hands were tied by European Union VAT rules.Mr Cobbold said his customers were not "in perfect nick physically" and were working hard to get themselves "in better body shape and better mental shape".
"It seems a little bit strange for the government to tax that at 20% when we want more people to be doing it," he told Wake Up to Money."Price is the single most important thing, particularly in some of the more low earning [part…
Pure Gym boss calls for VAT-free memberships
19 June 2018
Image copyright
Pure Gym
The boss of Britain's biggest gym chain is calling for the government to remove VAT from gym memberships to improve the nation's health.Humphrey Cobbold, head of Pure Gym, told Radio 5 live that price was "the single most important" factor when deciding whether to join a gym. VAT at the standard rate of 20% is charged on gym memberships and passed on to customers. The Treasury suggested its hands were tied by European Union VAT rules.Mr Cobbold said his customers were not "in perfect nick physically" and were working hard to get themselves "in better body shape and better mental shape".
"It seems a little bit strange for the government to tax that at 20% when we want more people to be doing it," he told Wake Up to Money."Price is the single most important thing, particularly in some of the more low earning [part…