SCC Joins Calls For UKGOV To Make VAT Cut Permanent

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SCC Joins Calls For UKGOV To Make VAT Cut Permanent

Cafe Continental in Gourock - Image: Stephen Henry

A powerful coalition of the UK’s hospitality and tourism trade and membership bodies has called on the Prime Minister to keep VAT low for businesses in these vital sectors, as they look to recover from the COVID-19 pandemic and contribute to economic recovery.

Co-ordinated by UKHospitality, the letter argues that keeping VAT at its current rate of 12.5% for these sectors will help to accelerate the UK’s economic recovery from the pandemic, safeguard the future of businesses and millions of jobs and allow firms to invest in their workforce with higher wages and improved training opportunities.

Signatories to the letter include: UKHospitality, Sacha Lorde London First, New West End Company, Night Time Industries Association, the Scottish Tourism Alliance and the Scottish Chambers of Commerce.

With businesses feeling the impact of a multitude of cost pressures and labour shortages, the letter says that keeping VAT at 12.5% on a permanent basis will help keep prices more affordable for customers and unlock investment in local communities and coastal areas across the UK.

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