Friday, November 16, 2018
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Tag: VAT

Ulster still on VAT backfoot against Republic, say observers

Ulster, VAT, tax, politics, ireland
A budgetary increase in VAT paid by the hospitality sector in the Republic of Ireland still leaves Northern Irish counterparts at a pronounced competitive disadvantage, claim industry campaigners. As of 2019, VAT paid on hospitality services in the Republic will rise from 9 per cent to 13.5 per cent - but across the border the UK government continues to enforce...

Coo-Coo- Ca-choo, Mrs Linneweber

Coinslot FOBTs
Taking a trip back to the source, Sam Spencer argues that the latest news from the Linneweber VAT disputes can’t possibly affect the DCMS’ decision on when to cut FOBT stakes for the sake of problem gamblers. Can it? It all began in Bavarian bars at the turn of the millennia where Mrs Edith Linneweber was left in charge of...

Edinburgh tourism tax plan challenged

Edinburgh
A plan to tax tourists visiting Edinburgh that was previously announced by a council leader has been summarily dismissed by Scotland’s tourism secretary. Adam McVey, SNP leader of Edinburgh council, had said that a city-wide tourism levy was “ready for implementation” next year, a claim that has now been refuted by the national government’s Fiona Hyslop. She commented on Twitter: “So...

Tourism VAT cut would be “revenue neutral” by third year

Coinslot HM Treasury
While the industry would benefit immediately, the Treasury would only have to wait three years to start seeing a profit from cutting tourism VAT, according to the Cut Tourism VAT campaign that wants to see the 20 percent figure slashed to five percent. A cut to the VAT charged on tourism related products would be revenue neutral by the third...

UK roundup: Yorkshire coastlines, tourism, and British pubs

Coinslot tourism BHA
Concerns raised over coastal BID Concerns have been raised over a business improvement district designed to help boost the east Yorkshire coastline. Later this year more than 1,700 tourism businesses will go to ballot over the project but some in the industry have voiced worry about the impact of paying another levy on top of business rates. Industry awaits NI tourism...

More than 100 MPs back early day motion to save British pubs

Pubs
Over 100 MPs have backed an early day motion calling on the UK Government to reduce the tax burden on British pubs. With 18 pubs across the country closing each week, MPs have rallied their support for a motion tabled by chair of the All-Party Parliamentary Save the Pub Group, Tony Perkins MP, to alleviate taxation on the great British...

With renewed sovereignty comes renewed opportunity to reduce Tourism VAT

apd tourism
Looking at the UK’s potential to exercise renewed sovereignty once untied from EU regulation, CEO of BALPPA Paul Kelly identifies a wider range of options for Tourism VAT reduction as a new opportunity in post-Brexit Britain. Now the government has to grasp it.   Britain will have a wider scope on reducing Tourism VAT following Brexit’s completion,with the country set to...

Ireland agrees to retain low tourism VAT rate

Coinslot - Ireland VAT
The Republic of Ireland’s legislators have decided to make their temporary nine percent tourism VAT permanent.   The tourism trade in the Republic of Ireland are rejoicing at the news that fears their ‘special’ nine percent VAT rate would be scrapped in the 2018 budget are no longer founded. State officials have now come to an agreement that the lower tax rate,...

Tourism VAT rise under review as Ireland prepares for Brexit

ireland tourism
The future of the Irish tourism industry post-Brexit has once more been brought to fore. Whilst a state tourism body has stepped in to alleviate fears, moves to increase tourism VAT has served to do the opposite.   Legislators in Ireland are planning to increase certain tax values in fear that Brexit will cost them considerable amounts of money. Ireland are...

Lower tourism VAT in the UK, government urged

Coinslot - Tourism VAT UK
With a high VAT regime, British tourist destinations have suffered from competition elsewhere in Europe. But as visitor numbers rise thanks to a weakened pound, MPs are urging the government to keep up the momentum by cutting tourism VAT.   Two MPs are urging the government to lower tourism VAT to boost the number of visitors coming to the UK. Ross Thomson,...

BHA calls for tourism VAT reduction ahead of election

Coinslot - VAT tourism BHA
Ahead of the 2017 general election, the British Hospitality Association calls on all political parties to commit to make hospitality and tourism a strategic priority, setting out a raft of recommendations on which it wishes the new government to act.   Develop evidence-based immigration targets It is vital that the new immigration system which will be introduced after the UK leaves the...

Court overturns reduced VAT on holiday park fuel supplies

Coinslot - fuel
A holiday park operator trading as British Holidays, Haven, and Butlins may have to pay increased fuel charges through its rental packages following a ruling in the Court of Appeal.   The long-running argument between HMRC and Colaingrove, which operates 37 holiday parks across the UK, was decided in the former’s favour, ending a period of reduced VAT on caravan- rental...

Media Watch: Backing the right horse

Coinslot Media Watch Carousel Horses
Should we be cutting tourism VAT, supporting the pinball industry or banning all chess players? These questions and more are asked (if not answered) in this week’s look at the world’s media. In the Mail on Sunday last week, city editor Simon Watkins is arguing that Britain must do more to back its tourist trade: “The leisure sector has been...

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