Budget 2013: Failure to reduce tourism VAT missed opportunity for UK economy
Speaking on the Budget announcement, Graham Wason, Chairman of the Campaign for Reduced Tourism VAT said: “We are disappointed at the Government’s failure to reduce the rate of VAT for the tourism sector, as almost every other country in Europe has done. “The Government has accepted the argument that a lower rate of corporation tax…..Read more
Welcome to the Cut Tourism VAT campaign
The Cut Tourism VAT Campaign is asking the UK Government to reduce VAT on tourism from the standard rate of 20% to the UK’s current reduced rate of 5%. This is because almost every other country in the EU applies a reduced rate of VAT to at least some, if not all, parts of their…..Read more
United Kingdom VAT rate for accommodation almost double EU average
The Campaign for Reduced Tourism VAT has collated the latest set of EU VAT rates for the tourism sector covering hotel accommodation, admissions to cultural services, amusement parks, restaurants and catering services. This update shows that the average EU VAT rate for hotel accommodation was 10.8% – almost half the rate applied in the United…..Read more
Campaign makes case for VAT reduction on Radio 4
Ufi Ibrahim, Chief Executive of the British Hospitality Association spoke as one of the supporters of the Campaign for Reduced Tourism VAT during an interview on the consumer affairs programme You and Yours. The interview can be listened to online.
Reducing Tourism VAT would help achieve Government 2020 ambition for exports
The Campaign for Reduced Tourism VAT has highlighted the potential of the tourism sector to help achieve the Government’s target of doubling exports to £1 trillion by 2020. In its Mid-Term Review, published today, the Government stated it would use “every means at [its] disposal” in order to achieve the export target. The tourism industry…..Read more
Poor figures mean increasing ‘tourism deficit’ for United Kingdom
Industry leaders reinforced the call for a lower rate of VAT for the tourism sector as latest data showed an increasing ‘tourism deficit’ for the United Kingdom. The past two economic quarters suffered a consecutive 4 per cent drops in overseas visits – despite the presence of the Olympic and Paralympic Games in London. Ufi…..Read more
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