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Virgin Atlantic boss wants Tories to ground tax hike plans

06 Nov 2009, David Jetuah, AccountancyAge

http://www.accountancyage.com/aa/news/1770356/virgin-atlantic-boss-tories-ground-tax-hike-plans

Virgin Atlantic's most senior figure is lobbying the Conservative Party to scrap plans to raise taxes on air travel if they come to power.

Air Passenger Duty is due to rocket in two phases by up to 113% by November next year. The first stage of the increase came into force on 1 November.

Steve Ridgeway warned the proposed increases would hurt the aviation industry and also damage the British economy, taxnews.com reported.

"It will also tax many hard working British holidaymakers out of flying altogether," said Ridgeway.

"We are therefore calling on the Conservatives to see sense on this issue and commit to scrapping the planned increase for 2010 if they are successful at the next election.

"Everyone knows the airline industry, along with the wider UK business community, will be severely damaged by these unjust future increases in APD."

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