Prime Minister David Cameron has once again shunned the argument to reduce VAT for the hospitality and tourism sectors, claiming that bringing the taxes down to pre-recession levels ‘would be expensive’ for the UK economy.
South Lakes MP Tim Farron has pledged his support of the Cut Tourism VAT campaign and is putting pressure on the Treasury to bring tax rates for hotels, restaurants and other hospitality and leisure businesses into line with those in other European countries.
In a wide-ranging, exclusive video interview for BigHospitality, Tourism Minister John Penrose has ruled out making a VAT cut for the hospitality industry a long-term ambition for the Government and has said businesses still need to show why a cut would...
The British Hospitality Association, Travelodge and Whitbread are among a number of leading hospitality businesses and industry bodies that have united to urge the Government to slash the rate of VAT for the tourism sector to five per cent.
Two restaurateurs from Edinburgh have been detained by HM Revenue & Customs (HMRC) on suspicion of failing to pay tax, as part of the on-going taskforce operation targeting restaurants across Scotland.
The UK's high level of VAT, the slow processing of visa applications and Government red tape are the three major obstacles to growth in the hospitality industry, according to the British Hospitality Association's (BHA) chairman Christopher Davy.
The hospitality industry now accounts for eight per cent of the nation’s jobs, offering a financial clout strong enough to help re-balance the economy, according to a report from the British Hospitality Association (BHA).