High level of UK VAT is a deterrent to tourism growth
June 06, 2011
- BHA annual report says VAT is counterproductive to the prime minister’s growth objective Tourism is the only export of the UK which is subject to domestic VAT and its current high level is clearly a deterrent to visitors and discourages ‘staycationers’, says the annual report of the British Hospitality Association, published Monday 6 June. “The present level of VAT in the UK is one of the most pressing issues facing the …
