Have your say on government e-petitions

Extend the VAT at 5% for hospitality until at least March 2022

Submitted by Andy Lennox on Wednesday 27th January 2021

Published on Wednesday 3rd February 2021

Current status: Open

Open until: Tuesday 3rd August 2021

Current Signatures: 17,290
(count is updated approximately hourly)

Relevant Departments

Tagged with

Covid ~ Covid-19 ~ Essential ~ Extend ~ hospitality ~ Lockdown ~ March ~ Re ~ Recovery ~ relief ~ Tax ~ Thousands ~ US

Petition Action

Extend the VAT at 5% for hospitality until at least March 2022

Petition Details

Extend the VAT at 5% for another 12 months until March 2022 for Hospitality.

This is an essential lifeline for the Hospitality Industry’s Recovery - and perhaps the single biggest Covid-19 relief measure.l and must be extended if the industry hopes to have any meaningful recovery.

Additional Information

The VAT at 5% was the single biggest recovery mechanism from the last two lockdowns and helped us red-build our businesses
The VAT at 5% will help keep rising inflation and costs down.
The VAT at 5% will encourage re-investment and investment into the industry.
The VAT at 5% will help out Industry return to profitability - helping pay more Corp Tax
The VAT at 5% will help save hundreds of thousands of jobs in the Industry where without this essential recovery mechanism many will now not re-open

If you want to sign this petition (as opposed to merely discuss it), you need to do that on the government's e-Petitions website.

Sign this petition
at petition.parliament.uk

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repetition.me is a Good Stuff website Wed, 03 Mar 2021 08:14:53 +0000