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Politicians from across the UK have come out in support of the Cut Tourism VAT campaign, which is fighting for VAT on hotels and attractions to be cut from 20 per cent, to 5 per cent.
More than 60 MPs have expressed their support for the campaign and 44 of them have signed up for a Parliamentary Early Day Motion calling for a reduction in VAT.
Martin Caton, MP for Gower (Lab), said: “Providers of tourism-related services in my constituency of Gower look to their colleagues on the other side of the Irish Sea and see the positive impact of lower VAT rates in stimulating local businesses.
“I have no doubt that the reduction of VAT for the tourism industry in the UK would have significant economic and employment benefits.”
The news comes after the Sun yesterday announced its own parallel campaign, called ‘Give us a Break’, the aim of which is to make Britain more competitive, cut prices and create over 120,000 jobs while adding £4bn to economic output. There would be an initial ‘hit’ to the treasury but according to the campaign, this money would be made back “inside one parliamentary term”.
