ABTA responds to Budget
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Heathrow’s terminal expansion will continue to receive Government support in the new Budget report, ABTA announced yesterday.ABTA looked through the Budget to identify the key points for the travel industry. Travel improvements were among these points, such as the airport expansion, high-speed rail and Crossrail.”This budget is largely as expected. There are no big headline rises in taxes for the sector, while there is support for businesses,” said ABTA Head of Public Affairs Luke Pollard.Furthermore, Air Passenger Duty (APD) will be held and only rise by inflation on an annual basis, as there are other increases that will be effective from November. Small businesses will benefit from banks, taxes and relief. Banks with substantial public sector ownership will lend more to businesses in the year and tax guidance and payment will become more flexible to help manage cash flow. Although the APD rates will remain the same, the tax has been criticised for taking more out of holiday-makers. The Telegraph reported that the tax is unfair and does not make the green changes that were proposed.”We want a reform of Air Passenger Duty to a per-plane basis more closely aligned to distance travelled and the efficiency of the aircraft; and reform in consumer financial protection,” added Mr Pollard.
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