Margaret Ritchie MP asks Treasury on Professor Blake tourism VAT research
Cut Tourism VAT supporter Margaret Ritchie MP pressed the Treasury on the progress to support tourism in all UK regions with research and economic modelling compiled by Treasury adviser Professor Adam Blake.
Margaret Ritchie (Shadow SDLP Spokesperson (Energy and Climate Change), Shadow SDLP Spokesperson (Environment, Food and Rural Affairs); South Down, Social Democratic and Labour Party) Considering the economic modelling carried out by one of the Treasury’s own economists, Professor Blake, what further progress has been made on reducing VAT on tourism, which would benefit all regions and particularly coastal regions in the UK?
David Gauke (The Financial Secretary to the Treasury; South West Hertfordshire, Conservative) We have looked at that, but there is a significant cost involved in making the changes. On the point of helping tourism, the hon. Lady will be aware of the substantial increase in Northern Ireland and other places over recent years and, secondly, the coastal communities fund provides a lot of support to many of the areas that benefit from tourism.
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