Bidvest chief executive, Andrew Selley, said: “A number of our customers are members of the VAT Club and as a large supplier operating within the sector, we want to do what we can to help.
“The reduction in VAT would enable the hospitality sector to better compete with food retail, where the VAT rate on the majority of food products is zero per cent.
“Reduced rates would allow our customers to charge lower prices, thereby getting more customers in through the door, which would promote growth within the sector.
“The move would also create more jobs and free up more investment in the industry to spend on wages and training.”
VAT Club JB chairman Jacques Borel said: “The company is at the heart of the hospitality sector, serving thousands of customers daily. It fully understands how a reduction in VAT would boost all of those working in this important sector of industry.”
Bidvest 3663 provides products to the hospitality industry across the public and private sectors.