Oral Question·Treasury
“What steps she is taking through the tax system to support the hospitality and tourism sectors.”
Tabled: 15 January 2025Answered: 21 January 2025
Asked by
Steve Darling
Liberal Democrat — Torbay
Answering Minister
the Chancellor of the Exchequer
Answer from Hansard
The Exchequer Secretary to the Treasury (James Murray)
The Government announced a range of measures at the autumn Budget to support SMEs, including in the retail, hospitality and leisure sectors. They include more than doubling the employment allowance, freezing the small business rates multiplier, extending RHL relief to 40%, maintaining the small profits rate and reducing the duty on qualifying draught products, which represent 60% of alcoholic drinks sold in pubs.