To ask the Chancellor of the Exchequer, what assessment she has made of the potential merits of introducing a cut in VAT for the hospitality sector in Wales.
The Government recognises the significant contribution made by hospitality businesses to economic growth and social life in the UK. VAT is a reserved tax, applying UK wide. VAT is a broad-based tax on consumption, and the 20 per cent standard rate applies...
Hospitality Industry: VAT