VAT reduction……..what about Airport Tax!!
So in the UK today we get a reduction of VAT for 13 months. But is the 2.55 going to make any difference to the situation?
The cost of re-labelling everything is going to be a pain fo rany retail outlet. Not just the financial cost but all the time it is going to take but then it may keep people in a job for an extra day of so.
But no change in fuel costs as although VAT has dropped the normal fuel tax has just been increased. Thanks Darling! And with exchange rates all over the place, especially the dollar to pound rate, will there be any increase in air travel? I doubt it.
Take a loook at flight prices to the USA. The basic economy flight to New York by a UK carrier for a week in November is £100 or less – sometimes as low as £47. The taxes, fees, charges & surcharges amount to £237.30.
It wasn’t long ago that these extras where around £60. Now fuel prices have gone up and there is a pound or two for security tax but wouldn’t it be a good idea for the Government to reduce this tax to help the travel industry and business?
I’d best put my cards on the table and say that I am looking to book a flight in the not too distant future and would appreciate any drop in prices!
Anyway I would appreciate any comments for or against this, maybe we could even get a petition going!!
