Petition Reduce VAT on hospitality to 10%: protect jobs, communities & UK competitiveness
Reduce VAT on hospitality to 10% to prevent closures & protect tax revenue. When venues close, HMRC loses 100% of its VAT, business rates, PAYE & corporation tax, reducing employment & supply chains. We believe a lower VAT rate would keep viable businesses trading, securing jobs & ongoing revenue.
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Hospitality businesses operate on very tight margins and struggle to absorb 20% VAT alongside rising food, energy, wage and rent costs. We believe a permanent reduction to 10% VAT would save jobs, keep venues open, support apprenticeships and skills, and strengthen high streets – it would help businesses survive and continue contributing billions to the UK economy.
This would protect local jobs, keep pubs and restaurants open, and help high streets, tourism and communities survive.
270 signatures
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