Partner news | Night Time Industries Association campaign to reduce hospitality VAT

The Institute of Hospitality is supporting the Night Time Industries Association (NTIA)’s #LeaveNoOneBehind campaign by sharing the details of how its members can get involved.

The NTIA campaign is aimed at advocating for the survival and recovery of businesses in the UK and they are calling on the UK government to implement the following urgent measures to support the sector in the Spring Budget on Wednesday 6th March 2024 by:

• Implementing a reduced VAT rate of 12.5% across the hospitality, late-night economy, and events sector for the next 12 months.
• Freezing Alcohol Duty for the next 12 months.

The NTIA report that the impact of the ongoing rising costs and financial burdens has led to a dire situation for businesses within the night time economy and wider hospitality sector. Since 2020 over 23,000 businesses have been lost, and more than 6,000 establishments have closed their doors in the last year, marking a devastating loss for both the economy and the communities they serve. Alarmingly, the hospitality sector has witnessed a doubling of businesses entering administration during this period, underscoring the urgent need for support.

If you want to support the NTIA campaign, please follow the instructions below: 

• Email Your MP
• Follow the link and insert your postcode. This will automatically identify your MP and their email contact details
• Enter your name and details into the reformatted area so that the system can ratify that you are a constituent. If your business is in a different constituency then it is worth writing a letter to both MPs
• The ’email your MP’ link is down the page with the template letter. The Letter can be personalised.
• Send it to your MP

Take part in the NTIA campaign here