A spool holder and dispenser comprising a body fitted with a belt clip and two spool support arms extending from the body and defining between them a spool space, wherein at least one of said spool support arms is pivotal and spring biased towards said other spool support arm, and at least one of said spool support arms is fitted at its free end with a spool retention member; said spool support arms being displaceable between a retaining position wherein a tape is retained within the spool space, and a dispensing position wherein a tape is free to be discharged therefrom.