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 employment levels.

The tourism industry has also come forward to claim that the tax would be damaging, claiming that it would have a devastating effect on businesses and would deter tourists.

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