UK Investment Guides Loader

Calls for VAT reduction on holidays to help tourism industry

written by Bella Palmer

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.


This article is for information purposes only.

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.

Share this post with friends!