VAT Meeting With The Treasury
June 24, 2011
Chief Executive Ufi Ibrahim and other industry representatives met Exchequer Secretary David Gauke MP and Tourism Minister John Penrose MP on 15 June to present the case for reducing VAT on tourism services from 20 to 5 per cent, with the tax on hotel accommodation now the second highest in Europe (and an 11 point difference between the rate in Northern Ireland and the Irish Republic’s 9 per cent) and with half …
