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Bed Tax will affect catering and leisure sectors, survey indicates
The impact of the bed tax would extend beyond serviced accommodation providers to affect the hospitality industry as a whole, a new survey has shown.
A survey of nearly 300 hospitality venues conducted by purchasing consortium Beacon gives the strongest indication yet that the impact of the bed tax would not be felt by hotel operators alone.
More than 62 per cent of pubs, bars and restaurants anticipate that the introduction of a bed tax would have a negative effect on their business.
Almost a quarter (21 per cent) of other leisure facilities, such as golf clubs, spas and leisure centres, also forecast a negative impact on business
In England, 81 per cent of hospitality businesses said a bed tax would be detrimental to the industry, with 82 per cent of hospitality businesses in Wales and 83 per cent in Scotland concurring.
The British Hospitality Association (BHA) estimates that a 5 per cent bed tax would increase the total VAT on serviced accommodation to more than 23 per cent, the second highest in Europe, and thereby reducing inbound tourism by £220m and domestic tourism by £325m.
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