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Closed Cut VAT to 5% for hospitality industry

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The Publican's Morning Advertiser is calling for the Government to reduce VAT to 5% for the hospitality sector.

21 countries in the EU have a lower VAT rate for the hotel sector and 13 for the overall hospitality sector.
In France, tax was reduced from 19.65% to 5% and led to the creation of 21,700 jobs in the first year.

A cut in VAT could help create 320,000 jobs in the post Olympic years and help save pubs, restaurants and hotels.

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    If this petition gets 10,000 signatures, government will respond to it.

    If this petition gets 100,000 signatures, it will be considered for debate in Parliament.

    This petition will stay open until 10 August 2012.