UK Investment Guides Loader

Calls for VAT reduction on holidays to help tourism industry

VAT

A review of the impact of the tax on visitor numbers to Northern Ireland is underway following the Conservative Party’s deal with the Democratic Unionist Party.

The DUP – which is propping up Theresa May’s Westminster government after the prime minister lost the Tories’ majority after calling a snap general election – has campaigned for a freeze.

Now Tory MP for Aberdeen South Ross Thomson has backed a campaign to bring to bring the rate of VAT across the whole UK into line with competitor destinations in the European Union.




Risk Warning:

Please remember that financial investments may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.

There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.

You can tell friends this post!