questionText: To ask the Chancellor of the Exchequer, whether she is considering reducing VAT for the hospitality sector.
answerText: VAT is a broad-based tax on consumption, and the 20 per cent standard rate applies to most goods and services. Reduced rates of VAT come at a significant cost to the Exchequer and reduce the revenue available for vital public services. Any reduction in ta...
heading: Hospitality Industry: VAT