Tourism Tax Opposed in Wales

January 19, 2018 Taxation in UK

tourism taxCARDIFF – Wales should not use its new tax powers to enact a tax on tourists, say researchers.

A new report prepared by Prof Annette Pritchard on behalf of the Wales Tourism Alliance is claiming that a tourism tax in Wales will not help the country.

Currently, Wales is evaluating the taxes which it could implement under its new devolved tax powers, with a tourism tax being one of the four that are receiving serious attention.

However, the research claims that the UK already has one of the highest tax burdens on tourism, at a time when many other European countries are opting to reduce taxes on the tourist industries.

It was claimed that a tourist tax would inhibit economic growth and reduce the number of people coming to Wales for holidays, ultimately leading to reduced revenues and empl...

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Calls Rise for Sugar Tax in New Zealand

January 17, 2018 Taxation in New Zealand

sugar taxWELLINGTON – New Zealand’s sugar-laden drinks industry is facing calls for a sugar tax to help alleviate the country’s obesity problem.

New research published this week in New Zealand shows that the sugar-sweetened drinks in the country have a much higher sugar content compared to their counterparts in the UK, Australia or Canada, leading researchers to renew their call for a tax on such drinks.

It was shown that approximately 52 percent of drinks purchased in NZ contained sugar, while in the UK, Canada, and Australia the portions were 9 percent, 42.8 percent, and 42.2 percent respectively.

Along with having a high portion of sweetened drinks being sold, the beverages in New Zealand also have a very high sugar content, in some cases being 50 percent more than their overseas alternatives.

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Sugar Tax Forces Coke Downsize

January 16, 2018 Taxation in UK

Coke taxLONDON – The UK’s upcoming sugar tax will see Coca-Cola downsize their drinks, hoping to mitigate the impact of the tax on consumers and their own bottom line.

The UK arm of Coca-Cola has announced that it will be downsizing the size of its drinks, as a direct response to the extra tax to be levied on the sale of sugary drinks in the UK.

From April this year, all sugar-sweetened beverages sold in the UK will be subject to a tax of GBP 0.18 per litre, if the drink has more than 5g of sugar per 100ml, while drinks with more than 8g of sugar will face a tax of GBP 0.24 per litre.

The government hopes that the tax will lead to total tax collections of GBP 520 million per year, with the funds already earmarked to pay for sports programs in public schools.

Coca-Cola have stated that they do n...

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Estonia Upsets Truckers With Digital Taxes

January 15, 2018 Taxation in Estonia

Estonia truck taxTALLINN – While many laud Estonia’s push for a digital government, some truck drivers are now claiming that the movement is interfering with their work.

According to the head of the Association of Estonian International Road Carriers, Einar Vallbaum, the country’s lack of road tax filling stations is a significant weakness in the national tax system which is leading to non-compliance.

On January 1st 2018 Estonia reformed the road taxes applied to trucks travelling through the country, meaning that all trucks with a weight in excess of 3.5 tons need to pay a tax.

However, along with the change, the government ceased the use of road-side filling stations which allowed drivers to pay for their daily or annual tax obligation, while also receiving a sticker showing that the tax is paid.

Th...

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Vaping To Be Taxed More in Indonesia

January 13, 2018 Taxation in Indonesia

VapingJAKARTA – Vaping may make way for smoking in Indonesia, if consumers find tax burdens too high.

According to a new announcement from the government of Indonesia, the sale of e-cigarettes in the country will now be subject a significant new tax.

From July 1st 2018 e-cigarettes sold in Indonesia will face a tax of 57 percent.

Supporters of e-cigarettes, or vapes, have claimed that the rate of the tax is too high, and that the new measure will reduce demand for the tobacco alternative.

It has even been claimed that the relative increase in the price of the e-cigarettes will lead to a greater uptake of traditional tobacco products.

However, Heru Pambudi, the head of Customs of Indonesia, has said that the government fully considered the impact of the tax before making the decision to enact th...

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