Parliamentary Research
Fiscal support for tourism and hospitality in coastal areas - CDP-2024-0035
Feb. 13 2024

Found: Fiscal support for tourism and hospitality in coastal areas

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Written Question

Hospitality Industry: Government Assistance

Tuesday 13th February 2024

Asked by: Marquess of Lothian (Conservative - Life peer)

Question to the HM Treasury:

To ask His Majesty's Government what steps they are taking to assist the hospitality industry in the UK, following both the coronavirus pandemic and cost of living crisis; and what consideration they have given to reducing VAT to 10 per cent for the hospitality industry.

Answered by Baroness Vere of Norbiton - Parliamentary Secretary (HM Treasury)

Since the start of the pandemic, over £37 billion has been provided to the tourism, leisure and hospitality sectors in the form of grants, loans and tax breaks.

The Government announced a package of business rates support at Autumn Statement 2022 which means businesses in the retail, hospitality and leisure sectors, including pubs, will receive a tax cut worth over £2 billion in 2023-24. The UK also has a higher VAT registration threshold than any EU Member State and the second highest in the OECD, which keeps most businesses out of the VAT system altogether.

VAT is the UK's third largest tax forecast to raise £161 billion in 2023/24, helping to fund key spending priorities such as important public services, including the NHS, education and defence. The previous VAT relief for tourism and hospitality cost over £8 billion and reintroducing it would come at a significant further cost.

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Non-Departmental Publication (Policy paper)
Disability Unit

Feb. 05 2024

Source Page: Disability Action Plan
Document: Disability Action Plan (PDF) (PDF)

Found: with industry to map sector engagement with, for example, the Disability Confident scheme and other

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Non-Departmental Publication (Policy paper)
Disability Unit

Feb. 05 2024

Source Page: Disability Action Plan
Document: Disability Action Plan (large print) (PDF)

Found: As part of the Green Jobs Delivery Group’s work, government, industry, academia and others are working

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Select Committee

Surviving Economic Abuse, TSB Bank Plc, Women's Aid, Business in the Community, Chartered Institute of Personnel and Development (CIPD), and Trades Union Congress

Oral Evidence Jan. 31 2024

Inquiry: Impact of the rising cost of living on women
Inquiry Status: Closed
Committee: Women and Equalities Committee

Found: Economic Abuse, TSB Bank Plc, Women's Aid, Business in the Community, Chartered Institute of Personnel and

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