Cut VAT from 20% to 5% in the hospitality sector and create 270,000 new jobs

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Cut VAT from 20% to 5% in the hospitality sector and create 270,000 new jobs

This petition had 155 supporters
George Shaw started this petition to Rt Hon George Osborne MP (Chancellor of the Exchequer)

The Government takes £1 in every five spent in restaurants, takeaways and hotels - in VAT alone. The 20% rate of VAT is extremely damaging to the UK's hospitality and tourism sectors - in a time of economic hardship.

21 countries in the EU have a lower rate VAT than the UK.

In France, a cut in VAT from 19.65% to 5.5% created 21,700 new jobs in the hospitality sector in its first year.

Prominent British economists predict that reducing the rate of VAT levied on restaurant, take away and hotel bills to 5% would create 270,000 new jobs.

Please support our campaign and sign our petition if you believe VAT in the hospitality industry should be reduced to 5%.

Yawar Khan
Chairman
Federation of Bangladeshi Caterers
No 1 Poultry, London EC2R 8JR T: 0845 634 6364 M: 07939 936 786
www.fobc2008.com @AsianCurryAward

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This petition had 155 supporters

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