Overtaxed UK tourism companies launch campaign to cut VAT to 5 percent
Skift Take
The UK companies want their taxes to be on par with Italy and Spain, but will have a tough time convincing Parliament to make any decisions that might lead to a fate similar to those of the bankrupt governments.
A group representing nearly 400 hospitality businesses, largely in the hotel and leisure sector, have launched its official campaign to cut VAT on accommodation and attractions to just 5% in Parliamen
