AQW 19038/22-27 Written question to the Minister for the Economy
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.
Asked by Claire Sugden MLA on 29 November 2024
- Answered
- Written
- Tabled
- 29 November 2024
- Answer due by
- 16 December 2024
- Answered
- 10 December 202411 days after tabling
- Department
- Department for the Economy
- Priority question
- No
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.