tourism VAT

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MPs call for independent assessment into tax-free shopping

10 September 2023 by

MPs have urged the Treasury to commission an independent assessment into the “full economic impact” of tax-free shopping on the UK economy.

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Boss of Shakespeare's Globe backs calls for tax-free shopping for tourists

07 August 2023 by

Calls for the reintroduction of tax-free shopping for tourists have been supported by the chief executive of Shakespeare’s Globe theatre, who said ticket sales have fallen since it was stopped in January 2021.

MPs' inquiry recommends hospitality VAT remains at 12.5% News

MPs' inquiry recommends hospitality VAT remains at 12.5%

17 March 2022 by

An inquiry by a group of MPs has recommended that VAT for the hospitality and tourism[...]

VAT freeze could create over 250,000 hospitality and tourism jobs, study finds News

VAT freeze could create over 250,000 hospitality and tourism jobs, study finds

04 February 2022 by

Freezing hospitality VAT at 12.5% could create more than 250,000 jobs over the next ten years[...]

Over 650,000 hospitality jobs lost in past year, with thousands more at risk News

Over 650,000 hospitality jobs lost in past year, with thousands more at risk

14 January 2021 by

The hospitality sector has seen an estimated 650,000 job losses in the past year, with a[...]

Chancellor to introduce furlough scheme replacement and extend VAT cut News

Chancellor to introduce furlough scheme replacement and extend VAT cut

24 September 2020 by

Chancellor Rishi Sunak is expected to announce new schemes to protect jobs and prop up businesses[...]

Could temporary VAT reduction boost campaign for permanent change? News

Could temporary VAT reduction boost campaign for permanent change?

16 July 2020

The tourism industry has long campaigned for reduction in VAT to boost its competitiveness with destinations across Europe.

Concerns chancellor's VAT break could be undermined by promises of price cuts News

Concerns chancellor's VAT break could be undermined by promises of price cuts

13 July 2020

Just days after the industry welcomed the job-saving potential of the chancellor's VAT cut, operators have expressed concerns that promises of price cuts could undermine its impact.

VAT cut and discount scheme welcomed by industry as chancellor gives it a 'fighting chance’ News

VAT cut and discount scheme welcomed by industry as chancellor gives it a 'fighting chance’

08 July 2020 by

Chancellor Rishi Sunak's decision to slash VAT for hospitality to 5% and introduce a "first of[...]

Hospitality leaders call on government to cut VAT to help businesses survive News

Hospitality leaders call on government to cut VAT to help businesses survive

28 May 2020 by

Hospitality leaders have called on the government to cut VAT rates to help businesses survive while[...]

BHA round-up: A manifesto for a new government In-Depth

BHA round-up: A manifesto for a new government

03 May 2017 by

Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

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