Tourism campaign groups and organisations have raised the question over whether Scotland would reduce tourism VAT if it went independent.
As Scottish Tourism Week kicks off, the Cut Tourism VAT campaign has waded into the debate by asking if the tourism sector would benefit from a cut in VAT, after the UK government refused to do so.
If it went its separate ways the Scottish tourism industry could benefit from a reduction in VAT from 20% to 5% and potentially take tourism away from the rest of the UK.
“The VAT rate on tourism in Scotland and the refusal of the UK Government to cut it, is just one of many examples of why Scotland’s interests would be best served by being an Independent country,” said MSP Graeme Dey.
Graham Wason, chairman, campaign for Reduced Tourism VAT added: “If Scotland opts for independence and subsequently cuts VAT on tourism; it would benefit significantly at the expense of the rest of the UK. It would also attract more visitors from abroad, so earning export revenue and improving its balance of payments. In these circumstances, the mistake by the rest of the UK in not cutting tourism VAT would be exposed.”
Comments are closed.