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VAT cut

Steady6 stories5 sourcesLast updated: 6/4/2026
Related TopicsRachel Reevescost of livingTreasuryvisitor economydomestic travelstaycationhospitalityregulation

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The UK's visitor economy, vital for regional growth and local businesses, faces challenges from rising costs and increasing regulation. While demand for domestic travel is strong, hospitality businesses are struggling, leading to higher prices and reduced affordability for families. The article argues for government support, lighter regulation, and a cohesive strategy to treat travel as a key economic engine.

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UK Treasury Rejects VAT Cut on Public EV Charging Amid Inter-Departmental Disagreement
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The UK Treasury, led by Chancellor Rachel Reeves, rejected a proposal to cut VAT on public EV charging from 20% to 5%. This decision came despite support from the Department for Transport and pressure from EV operators, who argue the disparity unfairly penalizes drivers without home charging. HMRC is appealing a tribunal ruling that favored the lower rate.

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