Tourism tagged posts

Cutting Air Duty Will be a Boost for Scotland

March 9, 2015 Taxation in UK

LONDON – Cutting taxes on flights out of Scotland will reduce tax revenues, but the loss will be more than offset by a boost to employment and economic activity.

Over the weekend the Edinburgh Airport released the results of new research showing that a 50 percent reduction in the rate of air passenger duty in Scotland could lead to the creation of 3 800 new jobs along with a GBP 1 billion boost to the economy over the next 5 years.

Currently air passenger duty in the UK is set at a rate of between GBP 13 to GBP 194, based on the distance travelled, and in 2013 approximately GBP 200 million was raised in revenues from the tax levied on flights to and from Scotland.

In the report it was noted that the rate of the duty is currently set by the UK government, hover it has been proposed that th...

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Thailand Cutting Selected Tourist Taxes

September 22, 2014 Taxation in Thailand

BANGKOK – Thailand is looking to help the national economy by reducing the tax obligations on selected luxury tourist attractions.

On September 22nd the general director of the excise department of Thailand Somchai Poonsawat announced that the government may soon give holidays to golf courses and health spas in order to facilitate the national tourism industry.

Under the scheme, the government will drop the 10 percent excise duties levied on the fees paid to golf clubs for membership fees or golf course fees, and the 10 percent excise tax levied on top of the fees charged for spa treatments.

The upcoming cut is not the only move Thailand is making to boost the tourism industry, as currently looking at allowing local individuals to deduct as much as TBT 15 000 per year from their personal...

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Tourists Tax Introduced in Dubai

February 5, 2014 Taxation in UAE

Tax in DubaiDUBAI – Dubai will use tourist taxes to raise funds for new programs and efforts to bring more commerce and visitors into the city.

On March 31st 2014 Dubai will enact a daily tax of up to AED 20 to be paid by any tourist staying at local hotel or any other tourist accommodation, according to information released earlier this week by the state news agency WAM.

It is estimated that the collection of the new tax, which has already been called the Tourist Dirham, could raise annual revenues by as much as AED 330 million, but this amount could increase, as the government currently expects the number of arriving tourists to rise by 11 percent this year, and to double from the current figures by the year 2020.

According to plans already revealed by the government of Dubai, the extra tax revenu...

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Thailand Eyes Tourist Tax

October 24, 2013 Taxation In AsiaTaxation in Thailand

Thai Tax CutsBANGKOK – The government of Thailand is looking to cover the expenses arising from foreign visitors using the national healthcare system and social infrastructures by charging a tax on all visitors entering the country.

In an interview with the Bangkok Post given on October 22nd, the Public Health Minister of Thailand Pradit Sintavanarong said that the government is now considering imposing a BHT 500 “tourist tax” to be paid by any foreign visitor entering Thailand and intending to stay in the country for more than three days.

The Minister informed that the “tourist tax” may be imposed as soon early as January 1st 2014, although the move is likely to be delayed in order to minimize any transitional and administrative difficulties during the busy tourist season.

The extra revenues...

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Governments Eye Up Tourist Taxes

April 16, 2012 International Tax Cooperation

Taxation on TouristsIn an attempt to create new revenue streams, governments and tax authorities around the world are showing increasing interest in implementing more taxes on the tourist industry, but any steps to introduce new taxes are being met with a rising level of criticism from operators in the tourism industries.

Tourism taxes are being frequently considered by governments around the world as a measure to plug spiraling budget gaps, with New Zealand, the UK and Bulgaria currently seeing debates on the topic. In recent times various forms of tourist taxes were implemented in Italy, the USA, Canada, and UK, joining countries like Austria, Germany, the UK, Kenya, France, and Moldova, which already impose extra taxes on tourist.

Over the weekend, representatives of the tourist industry of New Zealand spo...

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