Tour operators prepare ?2bn challenge to air tax
Federation of Tour Operators claim tax hike is illegal
Federation of Tour Operators claim tax hike is illegal
UK body, the Federation of Tour
Operators, is preparing a legal challenge to the government’s
Air
Passenger Duty, with the aim of having it scrapped.
According to reports, if successful the legal challenge would force the
government to repay ?2bn.
Chancellor
Gordon Brown doubled the duty in December’s pre-Budget report, taking the
levy on short-haul flights to ?10 from 1 February and on long-haul to ?40.
The FTO claims that under international laws included in European legislation
in 2004 the government is not entitled to impose charges on aircraft solely for
the right of transit over, or flying in or out of Britain from another country.
The Treasury though has defended the legality of the tax.
Further reading:
Air tax hike won’t stop people flying
Government faces lawsuits over air tax hike
E&Y slams air passenger tax increase
In the past decade, the professional services industry has transformed significantly. Digital disruptions, increased competition, and changing market ...
View resourceIn recent months, professional services firms are facing more pressure than ever to deliver value to clients. Often, clients look at the firms own inf...
View resourceIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceThe first phase of Making Tax Digital (MTD) saw the requirement for the digital submission of the VAT Return using compliant software. That’s now behi...
View resourceHMRC sees the profit or loss made on buying and selling of exchange tokens as within the charge to Capital Gains Tax (CGT). Read More...
View articleThe recent IR35 case involving former Liverpool footballer and Sky Sports presenter, Phil Thompson, has drawn attention to the complexities and implic...
View articleFrom January 1, 2024, HMRC will implement new tax rules affecting individuals who sell items on platforms like Etsy, Depop, and Vinted. The new regula...
View articleHMRC reveal a small majority of people are soldiering a significant proportion of income and capital gains tax, following FOI request. Data has reigni...
View articleSteven Pinhey, technical officer at the Association of Taxation Technicians (ATT), considers how the rules on deductible expenses work in a social med...
View articleATT technical officer, David Wright, considers the implications of HMRC’s decision to remove employees with income between £100,000 and £150,000 from ...
View articleThis was the fourth largest borrowing year since records began in 1993 Read More...
View articleATT technical officer, David Wright, provides an overview of the welcome relaxation to CGT provisions for separating couples looking to transfer asset...
View article