Written Question·Treasury·UIN 62668
Hospitality Industry: VAT
Tabled: 25 June 2025
Answered: 4 July 2025
Question
Andrew Ranger
Labour — Wrexham
To ask the Chancellor of the Exchequer, what assessment her Department has made of the potential merits of reducing the rate of VAT for the hospitality sector.
Answer
James MurrayVAT is the UK’s third largest tax. It is forecast to raise £180 billion in 2025/26, which funds public services. VAT is a broad-based tax on consumption, and the 20 per cent standard rate applies to most goods and services. Exceptions to the standard rate...
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