A poll by UKinbound found just one in five said the temporary VAT reduction from 20% to 5% would positively impact their business, while 52% said there would be no benefit.
VAT cut 'won't help us', says UK hospitality and tourism
Tax
Gary Noakes
11 August 2020
The UK’s hospitality and accommodation businesses have given a thumbs down to the VAT reduction on the sector.
Croft has called for the UK government to make the country's tax regime more attractive for tourists
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