AQW 19038/22-27

Ms Claire Sugden
Independent
East Londonderry

Tabled Date: 29/11/2024
Answered On Date: 10/12/2024
Priority Written: No

Question:
To ask the Minister for the Economy whether his Department has assessed the impact of VAT burdens on small and medium-sized enterprises in Northern Ireland, particularly those reliant on cross-border trade.

Answer:

VAT remains an Excepted Matter for the British Government and responsibility for all issues on VAT is a matter for Treasury. However, I am aware of the particular challenges for hospitality businesses here given the lower rate of VAT for similar businesses in the South.