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VAT has been designed as a broad-based tax on consumption and the twenty per cent
standard rate applies to the vast majority of goods and services, including tickets
for cultural events. While there are exceptions to the standard rate, these have always
been strictly limited by both legal and fiscal considerations. The Government keeps
all taxes under review, but there are no plans to change the current VAT treatment
on ticket sales.<p> </p><p>Tickets were within the scope of the temporary reduced
rate of VAT for hospitality and tourism, which was introduced on 15 July 2020 to support
the cash flow and viability of around 150,000 businesses and protect over 2.4 million
jobs during the Coronavirus pandemic. This relief ended on 31 March 2022. It is right
that as Coronavirus restrictions were lifted and demand for goods and services in
these sectors increased, the temporary tax reliefs were first reduced and then removed
in order to rebuild and strengthen the public finances.</p><p> </p>
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