Hospitality Industry: Government Assistance

Summary

To ask the Chancellor of the Exchequer, what fiscal steps she is taking to support the independent hospitality sector; and if she will make an assessment of the potential merits of (a) reducing the rate of VAT for and (b) providing other targeted support

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Timeline

1. 22 July 2024

   Written question

   To ask the Chancellor of the Exchequer, what fiscal steps she is taking to support the independent hospitality sector; and if she will make an assessment of the potential merits of (a) reducing the rate of VAT for and (b) providing other targeted support

   Source: Commons

2. 30 July 2024

   Answer

   The Government very much recognises the importance of independent hospitality. As new Ministers we are keen to engage with the sector to understand its priorities.VAT is the UK's second largest tax forecast to raise £176 billion in 2024/25, helping to fun...

   Source: Written answer

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• · Treasury · Answering body

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