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min question first answered	2018-12-10T16:30:31.02Z
answer date	2021-01-25
min answer › question first answered	2018-11-26T15:41:39.057Z
uin	HL12014

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1275500

human indexable

published

registered interest

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25/01/2021

date

11/01/2021

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11/01/2021

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11/01/2021 23:36:29

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Treasury

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11/01/2021 23:46:13
25/01/2021 15:17:06

hansard heading

Hospitality Industry: VAT

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HL12014

legislature

25277

	pref label	House of Lords

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question first answered

25/01/2021 14:46:00

question text

To ask Her Majesty's Government what plans they have to extend the reduced Value Added Tax rate for the hospitality industry.

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2019/21

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tabling member printed

Lord Taylor of Warwick

title

House of Lords Tabled Parliamentary Question 2019/21 HL12014

type

WrittenParliamentaryQuestion

uin

HL12014

version

written parliamentary question type

Ordinary

answer

answer text

The temporary VAT reduced rate came into effect on 15 July 2020 and was initially scheduled to end on 12 January 2021. In order to continue supporting the cash flow and viability of over 150,000 businesses and to protect 2.4 million jobs, the Government extended the temporary reduced rate of VAT (5 per cent) to goods and services supplied by the tourism and hospitality sectors until 31 March 2021. While the Government keeps all taxes under review, this relief comes at a significant cost to the Exchequer, and there are currently no plans to extend the length of the reduced rate further.

question first answered

25/01/2021 14:46:00

answering member

4689

creator

1796

	label	Biography information for Lord Taylor of Warwick

publisher

25277

	pref label	House of Lords

tabling member

1796

	label	Biography information for Lord Taylor of Warwick