This petition was submitted during the 2010-2015 parliament
Petition Reduction of VAT in the Hospitality Sector
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The EU recognised that the Hospitality sector is a labour intensive sector and as such should be taxed accordingly. This has been recognised by Ireland, Portugal, Spain, Germany and France (to name a few).
It has been credited in France with creation/saving of 320, 000 jobs.
Most businesses with this sector would benefit little, if at all, from a reduction in corporation tax.
I would urge the Government to reconsider the punative rate of 20% currently levied on this industry and follow our European neighbours to reduce the VAT rate to a rate closer to 5%.
This change would help protect small businesses and create jobs at this difficult time for the economy.
This petition is closed This petition ran for 12 months
76 signatures
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10,000 signatures required to get a government response