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Reduce VAT in the leisure and tourism sector to 5%

Submitted on Friday 21st October 2011

Published on Friday 21st October 2011

Current status: Closed

Closed: Saturday 21st April 2012

Signatures: 188

Tagged with

UK

Petition Action

Reduce VAT in the leisure and tourism sector to 5%

Additional Information

Many European member states have already temporarily reduced the rate of VAT on labour intensive local services such as hotels and restaurants. Francis Clark LLP calls on the Government to allow UK businesses within the leisure and tourism sector an even playing field when competing against foreign holiday destinations and to reduce the rate of VAT within this sector to 5%. A stimulus to the tourism industry, particularly in the South West region, is urgently required given the current economic conditions.


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