Growing taxes ramping up travel costs for businesses and holiday makers
Britain's businesses and holiday makers are being hit by a growing tax bill.
Research from the campaign group the TaxPayer's Alliance (TPA) says that holidaymakers are paying £900m more in taxes, than when it conducted the survey in 2008. Taxes on holiday items such as suncream, insurance and flights have forced up the cost of a foreign holiday by £62 on every British holidaymaker.
However, as Chief Executive of the TPA Jonathan Isaby notes, the rising taxes also hit Britain's business. He commented:
Holidays are of course only one part of this story. Britain's businesses are hit by these extra costs when they fly to the very emerging markets that government keeps telling them to expand into.
The group found that in total taxes on holidaymakers alone would total £2.4bn this year.