TaxCorporate TaxProposed bed tax slammed by hotel industry

Proposed bed tax slammed by hotel industry

Nine out of 10 hoteliers believe a bed tax would hurt the UK tourist industry

Research by mid-tier firm UHY Hacker
Young
has found that nearly 90% of hoteliers believe a bed tax would hit the
UK tourist trade.

The firm spoke to financial directors on the boards of 17 hotel groups
and found that 88% believed a bed tax would reinforce the perception of the UK
as a high-cost destination.

David
Guest, a partner at UHY Hacker Young
, said: ‘This is another example of a
stealth tax on UK business.’

‘A bed tax would put the hotel industry under even more pressure following on
from increases in the minimum wage and rising business rates. This is at a time
when energy costs are also escalating,’ he added.

Further reading:

E&Y saves nearly 1,000 jobs at hotel chain

Lower the drawbridge

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