Submitted on Wednesday 14th November 2012
Published on Thursday 15th November 2012
Current status: Closed
Closed: Friday 15th November 2013
Signatures: 76
Reduction of VAT in the Hospitality Sector
The EU recognised that the Hospitality sector is a labour intensive sector and as such should be taxed accordingly. This has been recognised by Ireland, Portugal, Spain, Germany and France (to name a few).
It has been credited in France with creation/saving of 320, 000 jobs.
Most businesses with this sector would benefit little, if at all, from a reduction in corporation tax.
I would urge the Government to reconsider the punative rate of 20% currently levied on this industry and follow our European neighbours to reduce the VAT rate to a rate closer to 5%.
This change would help protect small businesses and create jobs at this difficult time for the economy.
You can't sign this petition because it is now closed. But you can still comment on it here at Repetition.me!
18.221.192.248 Thu, 21 Nov 2024 11:38:10 +0000