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A coalition of business, travel and countryside groups – including UKHospitality and UKInbound – has written to the chancellor today (24 July) to warn that a proposed holiday tax will harm the economy.
The intervention comes as Edinburgh becomes the first city in the UK to introduce a visitor levy. Trade bodies warn that extending the tax nationwide would inflict severe damage on families, employment and regional tourism.
According to independent analysis by Oxford Economics, the policy would cause an estimated 33,000 job losses, reduce GDP by £2.2bn and impose a £1.6bn tax burden on consumers.
Public opinion polling likewise shows 56% of people oppose the policy, compared with 24% who support it.
In a joint letter to the chancellor, signatories including UKH, the National Farmers’ Union, Airlines UK, UKInbound, UKEVENTS and the British Independent Retailers Association (BIRA), said: “We write to you as organisations and businesses representing vast swathes of the British economy with one, united message: stop the holiday tax.
“It’s going to hit the great British holiday hard, with holidaymakers suddenly facing an extra £100 on their two-week family holiday. This is money that will be taken out of the wider economy – a foregone meal at the pub, a visit to a local attraction or fares with the local taxi company.”
The letter continued: “What applies to a two-week holiday also applies to a night away for a concert or sporting event, a few days by the coast or repeat business travel. There are no winners from a holiday tax. Holidaymakers, hotels, B&Bs, guesthouses, holiday parks, pubs, restaurants, shops, tourism, visitor attractions, farm shops, events, music, sports and business travel will all be hit.
“We urge you to drop this economically and socially damaging policy that targets the highest taxed sector in the economy and instead focus on measures to grow our hospitality and visitor economy sectors.”
A coalition of business, travel and countryside groups – including UKHospitality and UKInbound – has written to the chancellor today (24 July) to warn that a proposed holiday tax will harm the economy.
The intervention comes as Edinburgh becomes the first city in the UK to introduce a visitor levy. Trade bodies warn that extending the tax nationwide would inflict severe damage on families, employment and regional tourism.
According to independent analysis by Oxford Economics, the policy would cause an estimated 33,000 job losses, reduce GDP by £2.2bn and impose a £1.6bn tax burden on consumers.
Public opinion polling likewise shows 56% of people oppose the policy, compared with 24% who support it.
In a joint letter to the chancellor, signatories including UKH, the National Farmers’ Union, Airlines UK, UKInbound, UKEVENTS and the British Independent Retailers Association (BIRA), said: “We write to you as organisations and businesses representing vast swathes of the British economy with one, united message: stop the holiday tax.
“It’s going to hit the great British holiday hard, with holidaymakers suddenly facing an extra £100 on their two-week family holiday. This is money that will be taken out of the wider economy – a foregone meal at the pub, a visit to a local attraction or fares with the local taxi company.”
The letter continued: “What applies to a two-week holiday also applies to a night away for a concert or sporting event, a few days by the coast or repeat business travel. There are no winners from a holiday tax. Holidaymakers, hotels, B&Bs, guesthouses, holiday parks, pubs, restaurants, shops, tourism, visitor attractions, farm shops, events, music, sports and business travel will all be hit.
“We urge you to drop this economically and socially damaging policy that targets the highest taxed sector in the economy and instead focus on measures to grow our hospitality and visitor economy sectors.”
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It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for ‘lorem ipsum’ will uncover many web sites still in their infancy.
The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making
The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for ‘lorem ipsum’ will uncover many web sites still in their infancy.
It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution
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