You are viewing 1 of your 2 free articles
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.