Jim Shannon
Main Page: Jim Shannon (Democratic Unionist Party - Strangford)Department Debates - View all Jim Shannon's debates with the HM Treasury
(6 months, 3 weeks ago)
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My hon. Friend may have read my speech, because that is one of the issues that I will highlight, and I will mention some statistics that the Professional Association of Self-Caterers—PASC—kindly provided to me to make that point.
I congratulate the hon. Member on bringing the debate forward. I suspect that I might be about to add a controversial opinion, but we will see how it goes. As a representative of what I believe to be the most beautiful constituency in the United Kingdom, Strangford, it is my desire to attract more bed nights to the area, and the Airbnb-type scenario was one way in which we felt that could be done. Does the hon. Member agree that the removal of the tax incentive may prohibit people from doing up the old granny flat in the garden, and so prevent the local economy from benefiting from bed nights? I see the benefits of the incentive, and I think it could be to our advantage.
I thank the hon. Gentleman for that intervention. In certain parts of the country, the incentive’s removal might well have benefits, but I argue that it is a rather blunt instrument, which could have unintended consequences in other areas.