PARLIAMENTARY WRITTEN QUESTION
(19 March 2025)
Question Asked
Asked by:
Mr Paul Kohler (Liberal Democrat)
Answer
The Government recognises the significant contribution made by hospitality businesses to economic growth and social life in the UK.
VAT is a broad-based tax on consumption, and the 20 per cent standard rate applies to most goods and services. Tax breaks reduce the revenue available for vital public services and must represent value for money for the taxpayer.
At Autumn Budget the Chancellor announced a duty cut on approximately 60% of the alcoholic drinks sold in pubs. This represents an overall reduction in duty bills of over £85m a year and is equivalent to a 1p duty reduction on a typical pint.
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