Tourism Industry: VAT Reduction Debate

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Department: HM Treasury

Tourism Industry: VAT Reduction

Peter Heaton-Jones Excerpts
Wednesday 21st November 2018

(6 years ago)

Commons Chamber
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Mel Stride Portrait Mel Stride
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APD is certainly one of those taxes that we, along with all others, constantly keep under review. My hon. Friend will have noticed the freezing in short-haul APD that occurred at the time of this Budget, but he is right that we seek to keep that and other taxes as low as we can.

We supported our high streets in our recent Budget by reducing business rates by some 30% for smaller retailers, which will be of great benefit to some of the coastal towns in particular that the right hon. Gentleman will be thinking of, I know, when he speaks about the importance of tourism to the economy.

Peter Heaton-Jones Portrait Peter Heaton-Jones (North Devon) (Con)
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I thank the Minister for giving way. On the subject of coastal towns, as he and the whole House will be aware, the best places to visit as a tourist are some of the wonderful coastal towns of North Devon. The tourism industry in my constituency has lobbied hard for exactly the position that the right hon. Gentleman has proposed. It is something for which I have a great deal of sympathy, but I wonder whether, as well as Her Majesty’s Treasury entering into those sorts of thoughts, we could look across the Government at other ways that the tourism industry can be supported. The point that is often made to me is that, for a relatively modest spend on promotion of the UK and its regions as a tourist destination, we can have greater benefits for the local economies.

Mel Stride Portrait Mel Stride
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I thank my hon. Friend for his intervention. I recognise the sterling work that he does in promoting tourism in his own constituency. He is a constituency neighbour of mine and I am well aware of the good work that he does. He is right: we must do a lot of important things in terms of specifically supporting tourism.