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Closed Reduction of VAT in the Hospitality Sector

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The EU recognised that the Hospitality sector is a labour intensive sector and as such should be taxed accordingly. This has been recognised by Ireland, Portugal, Spain, Germany and France (to name a few).
It has been credited in France with creation/saving of 320, 000 jobs.
Most businesses with this sector would benefit little, if at all, from a reduction in corporation tax.

I would urge the Government to reconsider the punative rate of 20% currently levied on this industry and follow our European neighbours to reduce the VAT rate to a rate closer to 5%.

This change would help protect small businesses and create jobs at this difficult time for the economy.

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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 15 November 2013.