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Cut VAT to 5% for hospitality industry

Submitted on Thursday 4th August 2011

Published on Wednesday 10th August 2011

Current status: Closed

Closed: Friday 10th August 2012

Signatures: 5,559

Tagged with

EU ~ Tax

Petition Action

Cut VAT to 5% for hospitality industry

Additional Information

The Publican's Morning Advertiser is calling for the Government to reduce VAT to 5% for the hospitality sector.

21 countries in the EU have a lower VAT rate for the hotel sector and 13 for the overall hospitality sector.
In France, tax was reduced from 19.65% to 5% and led to the creation of 21,700 jobs in the first year.

A cut in VAT could help create 320,000 jobs in the post Olympic years and help save pubs, restaurants and hotels.


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