Debates between Richard Fuller and Caroline Ansell during the 2019-2024 Parliament

Oral Answers to Questions

Debate between Richard Fuller and Caroline Ansell
Tuesday 11th October 2022

(2 years, 2 months ago)

Commons Chamber
Read Full debate Read Hansard Text Read Debate Ministerial Extracts
Caroline Ansell Portrait Caroline Ansell (Eastbourne) (Con)
- View Speech - Hansard - - - Excerpts

T4. Early results from my local business survey strongly suggest that a lower VAT rate would increase investment, which would boost recovery and growth in the hospitality sector in my beautiful constituency. Will my right hon. Friend be reviewing the case for a lower rate, to bring us back into line with some of our international competitors?

Richard Fuller Portrait The Economic Secretary to the Treasury (Richard Fuller)
- Hansard - -

Eastbourne is indeed beautiful, as are North East Bedfordshire and many other parts of the country. My hon. Friend is right to talk about the importance of VAT to the hospitality industry, particularly as we moved through the period of covid recovery. As we now move towards the growth plan, we need to look at the level of taxes on small businesses in general. That is a key part of the work I will be looking at as part of the tax simplification plan.