Extract from Lords debate on the Budget - Mar 12

Saturday, 13 March 2021 10:50

Lord Bourne of Aberystwyth (Con) [V]:...I think most people in the country will feel that the Budget is fair and sensible. I will briefly welcome two particular measures. First, continuing VAT at the reduced rate of 5% for hospitality, holiday accommodation and attractions until 30 September 2021, and then phasing back to 20% from 31 March 2022, seems right. Secondly, the plastic packaging tax is due to come into effect in April 2022; it should help to reduce plastic waste by encouraging...Request free trial