Public Houses: VAT
Commons · Question 5470 · Tabled 11 Sep 2024 · Treasury · Official record
Answered 7 Oct 2024
Question
Asked by Edward Morello
To ask the Chancellor of the Exchequer, if her Department will make an assessment of the potential merits of reducing VAT for community pubs.
Answer
Answered by James Murray, 7 Oct 2024
The Government recognises the significant economic contribution made by pubs as well as their importance in fostering a sense of place and community across the UK. VAT is the UK’s second largest tax, forecast to raise £176 billion in 2024/25. Taxation is ...