Mark Williams, Member of Parliament for Ceredigion, has called on the Government to take action to help boost the tourism and hospitality industry in Wales during questions to the Wales Minister in Parliament.
The tourism and hospitality industry has created one in five new jobs, and accounts for almost 10% of all employment in Wales, yet suffers from higher costs than most other parts of Europe due to high levels of VAT.
Mark has called for a boost to the industry by either reducing VAT or by raising the threshold on which the industry starts to pay VAT, something which is common in most other European countries.
Mark said “The tourism and the hospitality industry plays a hugely important role in Ceredigion’s local economy, and the economy of Wales more widely. Unfortunately, it has been held back by an uncompetitive tax system which restricts its ability to invest and compete with the tourism industry across the rest of Europe.
“With so many people in Wales being employed in the tourism industry, it is vital that the Government takes action to ensure a level playing field and to encourage tourism throughout Wales.”