Amusement Arcades: VAT

Treasury written question – answered on 1st February 2021.

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Photo of Scott Benton Scott Benton Conservative, Blackpool South

To ask the Chancellor of the Exchequer, if he will extend the VAT reduction to 5 per cent to amusement arcades.

Photo of Kemi Badenoch Kemi Badenoch The Exchequer Secretary, Minister for Equalities

The temporary reduced rate of VAT was introduced on 15 July to support the cash flow and viability of over 150,000 businesses and protect 2.4 million jobs in the hospitality and tourism sectors, and will run until 31 March 2021. While we keep all taxes under review, this relief comes at a significant cost to the Exchequer, and there are currently no plans to extend the scope of the reduced rate.

The Government has announced a significant support package to help businesses through the winter months, which includes an extension of the Coronavirus Job Retention Scheme, an extension of the Self-Employment Income Support Scheme grant, and an extension of the application window for the government-backed loan schemes.

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