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UK Minister Calls on Government to Reduce VAT for the Hospitality Sector

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17 Jan 2013

UK Minister Calls on Government to Reduce VAT for the Hospitality Sector

 MP Margaret Ritchie has tabled an Early Day Motion calling on the Government to reduce VAT for the hospitality sector to support the UK tourism industry. She calls on the House to recognise that 13 EU Member States, including the Republic of Ireland, have introduced a reduced rate of VAT within their tourism and hospitality sectors for hotels, restaurants and pubs and that such measures have had a positive impact.

 

She asks the Chancellor of the Exchequer to introduce similar sector-specific VAT reduction measures to help businesses in the UK and further recognises that such a move would encourage growth in the wider economy, support job creation and generate investment in local businesses.

The EDM has been signed by 9 MPs so far and is accessible on the following link http://www.parliament.uk/edm/2012-13/890

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