To ask the Secretary of State for Digital, Culture, Media and Sport, what financial support will be made available to the tourism industry after the end of the Coronavirus Job Retention Scheme.
27 September 2021
The Government has provided over £35 billion in support to the tourism, leisure and hospitality sectors over the course of the pandemic in the form of grants, loans and tax breaks.
For example, the Government cut VAT for tourism and hospitality activities to 5% last July, with this significantly reduced rate remaining until the end of this month. To help businesses manage the transition back to the standard rate, a 12.5% rate will then apply for a further six months.
We are committed to supporting tourism’s return to pre-pandemic levels ahead of independent forecasts, as set out in the Government's Tourism Recovery Plan published in June. The Government is regularly engaging with stakeholders, including via the Tourism Industry Council, to monitor the pandemic’s impact and to support the sector’s recovery.