travel tax tagged posts

Brexit May Spoil Your Next Holiday

August 8, 2018 Taxation in UK

Travel Company Taxes After BrexitLONDON – If the UK follows through with Brexit, it may spoil people’s holiday plans.

In a press release issued earlier this week, Seasonal Businesses in Travel (SBIT), a UK-based travel industry advocacy group, claimed that the cost of holidays will increase following Brexit.

The cost increases were attributed to the fact that following an exit, UK companies with staff overseas will no longer be able to use UK staff during peak seasons.

The need to employ EY staff will mean that employers will need to pay local employment taxes, which are in many cases more onerous than their UK equivalents.

SBIT claims that following an exit, the costs felt by holiday companies will rise by as much as 58 per cent.

In addition to the increasing costs, the companies will reduce the number of UK workers ...

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Japan Exit Tax Will Pay for Safety System

November 21, 2017 Taxation in Japan

First Class Check-in Counter at NRT Narita Airport - Japan AirlinesTOKYO – Japan could soon have a system to keep tabs on all Japanese tourists around the world, paid for by all the international and local tourists leaving the country.

The Japan Tourism Agency is looking at using the revenues raised from a proposed exit tax to fund the development of a system to check on the safety of Japanese tourists travelling abroad.

Currently, the government of Japan is looking at implementing an exit tax of JPY 1 000 per person leaving eh country on a plane or ship, with the charge to be added to the fare paid for the travel.

The Agency hopes to use the funds to create a system which will centrally manage the records and information about Japanese travellers who are overseas.

The new system will allow the government to easily collect information on the status and...

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Japan’s Exit Tax Could Kill Jobs

November 1, 2017 Taxation in Japan

Japan Air TaxTOKYO – A new tax in Japan will lead to a boost in tax revenues or a drop in GDP and a sharp drop in aviation jobs.

Late last week the International Air Transport Association issued a warning that the proposed exit tax on flights from Japan could result in thousands of lost jobs and a significant reduction in the national GDP.

The current proposal for the tax is a charge of JPY 1 000 per person who leaves the country on an international flight.

Currently, an approximate 24 million tourists and a further 17 million nationals per year fly out of Japan.

If the tax does not reduce the number of flights, then the measure could bring in as much as JPY 41 billion.

However, the International Air Transport Association believes that the tax could reduce the number of flights by 7 million passengers...

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Germany Should Abolish Air Taxes

October 24, 2017 Taxation in Germany

German air passenger dutyBERLIN – Germany will see an overall economic benefit to the country if it drops its taxes on air passengers.

The results of a study completed by PWC and released on October 23rd suggests that dropping Air Passenger Duty in Germany would result in a boost to the number of travellers coming to the country, and a subsequent increase in tax revenues.

Removing all APD would lead to a total of 24.6 million passengers arriving in Germany by 2020, with more than half coming for tourism.

The increase in tourist and traveller numbers would lead to an economic boost of as much as EUR 67 billion over the next 12 years.

The boost and the increase in tax collections would exceed the EUR 1 billion annual loss which would arise by dropping the tax.

The air passenger duty in Germany is levied at a rat...

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UK Facing Major Backlash on APD

September 25, 2017 Taxation in UK

Emirates APDLONDON – International airlines are gearing up to fight the UK government over its excessive taxation of international flights.

Over the last week, two international airlines joined a campaign calling for the government of the UK to drop its Air Passenger Duty, or to at least cut the rate.

Currently, any passenger flying out of the UK or the Isle of Man is required to pay an Air Passenger Duty at a rate of GBP for economy seats, and GBP 26 for all other classes.

The rate applies to flights of less than 2 000 miles, with longer flights, or flights on private jets, being set at GBP 75 for less than 2 000 miles, and GBP 150 for over 2 000 miles.

The rates are expected to rise in November this year to approximately GBP 78 and GBP 156 for the longer flights.

The campaign to either cut the ra...

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