VAT Reduction: Tourism and Hospitality

Part of Treasury – in the House of Commons on 27th April 2021.

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Photo of Steve Double Steve Double Conservative, St Austell and Newquay

The past year has clearly illustrated just how important the hospitality and tourism sectors are not only to our economy, with the jobs and businesses they support in the supply chain, but to our overall wellbeing and the contribution they make to social mobility. As the chair of the all-party parliamentary group for hospitality and tourism, I know just how important this cut in VAT has been in supporting those businesses, but will the Treasury take another look at the merits of making this reduction permanent to further support the sector and the growth in jobs that it can create?