questionText: To ask the Chancellor of the Exchequer, what assessment her Department has made of the potential impact of current VAT rates on the viability of independent hospitality businesses in England.
answerText: At £90,000, the UK has the second highest registration threshold among all 38 OECD countries, which keeps the majority of businesses, including independent hospitality businesses, outside the VAT system. VAT is a broad-based tax on consumption, and the 20...
heading: Hospitality Industry: VAT