Tourism: VAT
(asked on 11th March 2020) - View Source
Question to the HM Treasury:
To ask Her Majesty's Government what steps they are taking to reduce value added tax on services supplied to tourists.
This question was answered on 25th March 2020
VAT is an important source of revenue for the Exchequer, raising approximately £132 billion in 2018/2019. This plays an important part in funding the Government's spending priorities including hospitals, schools, and defence. Therefore, while all taxes are kept under review, there are currently no plans to reduce the rate of VAT on services supplied to tourists.