questionText: To ask the Chancellor of the Exchequer, what assessment her Department has made of the potential impact of the 20% VAT rate on the competitiveness of the UK hospitality and tourism sectors compared with European nations with rates of 10–13%.
answerText: 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...
heading: VAT: Hospitality and Tourism