UKH warns holiday tax U-turn would cost Brits £518m
💸 The Government is considering a holiday tax in England ahead of the 26 November Budget. Local leaders could apply a levy on accommodation, raising effective consumer rates to 27% with VAT. A 5% levy could cost consumers £518m. Over 89 million overnight trips were made in 2024, totaling 255 million nights. This proposal follows official assurances against a tourism tax, raising concerns about consumer spending and inflation. UKHospitality urges the government to maintain its previous stance.
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