Early day motion tabled by primary sponsor Brian Binley (Conservative), on Monday, 16 June 2014, in the House of Commons. It is signed by 61 members in total.

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VAT REDUCTION FOR HOSPITALITY INDUSTRY

That this House recognises that local restaurants and public houses are facing very challenging conditions in the current economy and are being put under further pressure by the rise of large supermarkets that enjoy preferential value added tax (VAT) treatment; notes that these businesses lie at the heart of their local communities, economically and socially; further notes that 13 EU member states, including the Republic of Ireland, have introduced a reduced rate of VAT within their tourism and hospitality sectors for restaurants and public houses, and 22 have done so for hotel accommodation, and that such measures have had a positive impact; calls on the Chancellor of the Exchequer to introduce similar sector-specific VAT reduction measures to help businesses in the UK; and further recognises that such a move would encourage growth in the wider economy, support job creation and generate investment in local businesses.

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Secondary information

Type

Early day motion

Reference

102 

Session

2014-15

Other sponsors

Elfyn Llwyd

Mark Durkan

Baroness Ritchie of Downpatrick

Jim Shannon

David Simpson

Subjects

VAT Hospitality industry

Link

View this Early day motion on www.parliament.uk