< Back to situations

Monitor this situation.

[SITUATION] · [QUIET] · [BUSINESS]

3 clusters · 5 sources · 7 days · First seen · Last updated

UK tourism sector VAT relief discussions

Overview

Tourism and hospitality businesses in Cornwall and Devon reported a strong summer season, aided by the government’s ‘Great British Summer Savings’ scheme. This initiative temporarily reduced VAT from 20% to 5% on children’s meals and tickets for various attractions.

While some businesses in Devon noted that early-season heatwaves initially impacted visitor numbers, many reported a recovery with high rates of returning customers and increased foreign travel. Local operators, including Stuart Line Cruises and The Big Sheep, noted increased visitor numbers and a recovery in interest once temperatures stabilized.

Following the conclusion of the scheme on September 1, business leaders in Cornwall and North Devon have called for permanent VAT reductions. Representatives, including Keith Southwell of the Cornwall Association of Tourist Attractions, suggested that a permanent 0% or 5% rate would allow for future investment. Local operators have also advocated for extending tax relief to include the October half-term and Halloween periods.

Entities

Devon · The Big Sheep · Stuart Line Cruises · County Durham · Visit County Durham

Timeline

  1. 7 days ago

    [BUSINESS] 2 sources
    UK tourism businesses report growth in Devon and County Durham

    UK tourism sectors in Devon and County Durham report growth, aided by VAT reductions and successful destination marketing campaigns.

  2. 10 days ago

    [BUSINESS] 2 sources
    Devon tourism businesses report strong summer despite heatwaves

    Devon's tourism sector saw strong summer visitor numbers and spending, aided by a government VAT reduction scheme, despite challenges posed by early-season heatwaves.

  3. 14 days ago

    [BUSINESS] 2 sources
    Cornwall businesses seek permanent VAT cuts for tourism sector

    Cornwall and Devon tourism businesses are seeking a permanent VAT reduction after the temporary Great British Summer Savings scheme concluded.

Sources

bdaily.co.uk · exmouthjournal.co.uk · fxcc.com · middevonadvertiser.co.uk · newquayvoice.co.uk

This summary has been updated 1 time: see revision history