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United Kingdom · Question · Written question

UIN 156564

Hospitality Industry and Tourism: VAT

answeredUnited Kingdom· UK Parliament· EN

Introduced

22 February 2021

Last action

2 March 2021 · Answer

Status

Answered

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Discovery layer

Source updated

2 March 2021

Summary

To ask the Chancellor of the Exchequer, what assessment his Department has made of the effect of a return to a 20 per cent VAT rate for the hospitality and tourism sectors on the ability of those sectors to compete in a global marketplace.

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Timeline

  1. 22 February 2021

    Written question

    To ask the Chancellor of the Exchequer, what assessment his Department has made of the effect of a return to a 20 per cent VAT rate for the hospitality and tourism sectors on the ability of those sectors to compete in a global marketplace.

    Source: Commons

  2. 2 March 2021

    Answer

    Raising £130 billion in 2019/20, VAT is an important source of revenue and is vital for funding public services such as health, education and defence. The temporary reduced rate of VAT was introduced on 15 July to support the cash flow and viability of ov...

    Source: Written answer

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