TITLE

Charges on the up will let travel companies down

AUTHOR(S)
Taylor, Ian
PUB. DATE
April 2009
SOURCE
Travel Weekly (UK);4/24/2009, p17
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the sales of travel companies of Great Britain are likely to suffer due to rise in value-added tax (VAT), and air passenger duty (APD). APD on economy flights would result in higher fare that would eventually impact the sales. VAT is also likely to be increased from 15% to 17.5%. The Department for Transport wants additional revenue in the Air Travel Trust fund from October 2009.
ACCESSION #
41550557

 

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