News

Tourism Alliance fights for tax breaks

TOURISM Alliance believes it is winning the fight for
tax breaks for the UK industry.

Chairman Digby Jones said the Government is starting
to understand how under-funded the industry is and what “a jewel in the crown”
the travel sector is for the country.

Travel employs 2.5 million people and is responsible
for around 7% of the country’s gross domestic product.

Jones claimed for every £1 the Goverment gives the
industry it makes £25, of which £4 is returned to the Treasury. 

He is hopeful the Government
will give the industry “substantial financial help” including a tax reduction
in the next year.

Share article

View Comments

Jacobs Media is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.