Treasury written question – answered at on 24 January 2011.
To ask the Chancellor of the Exchequer what assessment he has made of the effects on the tourism industry of the increase in the rate of value added tax.
No specific assessment has been made of the economic impact of the VAT rate increase on the tourism industry. The impact assessment published with the Budget in June 2010 provides information on the compliance costs to business overall of the VAT rate increase, but not at sector level.
Yes1 person thinks so
No1 person thinks not
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