questionText: To ask the Chancellor of the Exchequer, whether her Department has made an assessment of the potential merits of introducing a reduced flat rate percentage for hospitality sector businesses.
answerText: The Flat Rate Scheme aims to offer additional simplification to smaller businesses. It allows VAT to be calculated by the application of a sector-specific percentage. Users benefit by not having to account for VAT on sales and costs, instead applying a lo...
heading: Hospitality Industry: VAT