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Early day motion tabled by primary sponsor Janet Anderson (Labour), on Monday, 2 November 2009, in the House of Commons. It is signed by 36 members in total.


VALUE ADDED TAX AND TOURISM

That this House values the key role of the UK tourism sector in helping the UK to emerge from recession; recognises its role in providing jobs in areas with high levels of unemployment; notes that the German and French governments have recently taken action to assist their tourism sectors by implementing targeted reductions of value added tax (VAT) with Germany cutting VAT on hotel accommodation to seven per cent. and France cutting VAT on restaurant food to five per cent.; further notes that France has for many years enjoyed a reduced rate of VAT on visitor attractions of 5.5 per cent.; acknowledges the research by Graham Watson and Mike Nevin which shows that a targeted VAT reduction on accommodation and attractions in the UK would result in the creation of 23,000 new jobs and additional revenue to the Exchequer of ??600 million a year; believes such measures would be an important tool to assist the recovery from economic recession; and urges the Government to give urgent consideration to similar targeted reductions in VAT in the UK.


Secondary information

Type
Early day motion
Reference
2209 
Session
2008-09
Other sponsors
Ann Cryer
David Drew
Andrew George
Angus Brendan MacNeil
Bob Russell
Subjects
Taxation Tourism
Link
View this Early day motion on www.parliament.uk