Nando’s slashes prices of menu favourites as it passes on VAT cut to customers
NANDO'S fans can now get their hands on its Peri-Peri chicken for less as the fast-food chain has slashed prices thanks to a VAT cut.
The spicy chicken specialist says it'll cut prices across its entire food and drinks menu from today with the full 12.5 per cent VAT saving passed on.
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The only exclusion is alcoholic beverages, which aren't subject to the VAT reduction.
Nando’s currently has all 360 restaurants across the UK open for home delivery and online click and collect orders, while it recently reopened ten branches for its eat-in service.
It says today's price drop will take force across eat-in, delivery and online click and collect orders.
It comes as VAT is slashed from 20 per cent to 5 per cent for businesses in the hospitality and tourism industries across the UK under measures first announced in chancellor Rishi Sunak's mini-Budget last week.
Full list of businesses where VAT will be cut
THE VAT rate will be slashed for the hospitality and tourism industries in order to help them bounce back from the coronavirus crisis.
- Restaurants, cafes and pubs
- Hotels, inns, boarding houses and similar establishments
- Holiday and caravan parks and other holiday accommodation businesses charging fees for tent pitches or camping facilities
- Shows
- Theatres
- Circuses
- Fairs
- Amusement parks
- Concerts
- Museums
- Zoos
- Cinemas
- Exhibitions
- Similar cultural events and facilities
If passed onto customers in full, this means savings of 12.5 per cent. The Treasury expects people to save £160 on average.
Examples of Nando's price cuts include its halloumi sticks and dip starter falling by 40p (12.6 per cent) from £3.95 to £3.45.
Meanwhile, ¼ PERi-PERi chicken on its own will fall by 55p (12.9 per cent) from £4.25 to £3.70, or the price with two regular sides will drop by £1 (12.9 per cent) from £7.75 to £6.75.
If you order ½ PERi-PERi chicken on its own you'll see prices fall by 95p (12.3 per cent) from £7.70 to £6.75, while the price with two regular sides will drop by £1.40 (12.4 per cent) from £11.20 to £9.80.
Order Nando's ten-piece PERi-PERi chicken wing roulette and prices will fall by £1.35 (12.3 per cent) from £10.95 to £9.60.
Which restaurants and hotels will pass on VAT cuts?
HERE are the major businesses that have so far confirmed they'll pass on VAT cuts to consumer:
- Accor Hotels - Ibis, Mercure, Novotel, Sofitel
- Bourne Leisure - Butlin's, Haven, Warner
- Costa Coffee
- Greggs
- KFC
- Marriott
- Nando's
- Park Holidays
- Pret
- Wetherspoons
And the price of a family platter of two whole chickens and five large sides will drop by £5.45 (12.4 per cent) from £43.70 to £38.25.
KFC, McDonald's and Wetherspoons are among the other high street chains to pass on VAT savings to customers.
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But businesses don't have to pass on savings in full or even at all, and the Treasury says some may struggle to pass on VAT cuts having been closed for the past three months under lockdown.
Cuts to VAT come alongside the government's new Eat Out to Help Out scheme, which is offering additional savings of up to £10 a head on meals out during August.
Harvester and Pizza Hut are among the firms to sign up for this separate scheme.