Hospitality Industry and Tourism: VAT

Treasury written question – answered on 23rd September 2020.

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Photo of Anthony Mangnall Anthony Mangnall Conservative, Totnes

To ask the Chancellor of the Exchequer, what assessment he has made of the number of businesses in the hospitality and tourism sectors that have benefited from the temporary cut in Value Added Tax.

Photo of Jesse Norman Jesse Norman The Financial Secretary to the Treasury

The Government has temporarily applied a reduced rate of VAT (5 per cent) to tourist attractions and goods and services supplied by the hospitality sector. It came into effect on 15 July 2020 and will end on 12 January 2021 and applies across the UK.

The temporary reduced rate will support over 150,000 businesses and protect 2.4 million jobs following the lifting of the COVID-19 lockdown.

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