Stephen LLoyd's Early Day Motion calling on the Treasury to reduce the VAT burden on the Hospitality industry


I submitted an Early Day Motion this week calling on the Treasury to reduce the VAT burden on the Hospitality industry. The motion calls for the Chancellor to reduce Tourism VAT to 5% across the UK. The industry lies at the heart of the British economy. But what the UK Visitor economy urgently needs is to become more competitive relative to its European counterparts. That means reducing the high rate of VAT on tourism, allowing the industry to compete on its merits with France, Germany, Ireland and Spain. This is as true in Eastbourne as it is across every seaside town in the UK.

 


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