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Treasury minister signals no special VAT cut for Northern Ireland hospitality
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NEWSDECK ANALYSIS
The hospitality industry in Northern Ireland has been seeking a reduction in VAT rates to remain competitive with businesses in the Republic of Ireland, where VAT rates for the sector are lower. The UK Government's decision on VAT rates for Northern Ireland's hospitality sector is significant as it could impact the region's economy and tourism industry. The issue of VAT rates has been a point of discussion between the UK Government and Northern Ireland's business leaders in recent times.
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Independent Business
Treasury minister signals no special VAT cut for Northern Ireland hospitality
Dan Tomlinson was asked how the UK Government would ‘maintain a price competitiveness’ with hospitality in Ireland.
23 Jun, 13:45
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