We have the highest rate of Air Passenger Duty (APD) in the EU which puts UK business and trade at a massive disadvantage compared to other EU countries like Germany, France and Ireland. This makes no economic sense when we need to be expanding global trade links as Brexit gets ever closer. Please support our call for at least a 50% cut in this Tax on Trade to make Britain competitive.Get InvolvedFind out more
Analysis released today by the A Fair Tax on Flying coalition show the significant impact that Air Passenger Duty (APD) will have on businesses hoping to increase international trade after Brexit. As the Government prepares for exiting the EU on the 31st October, new analysis suggests that the Government will be taking around 40% of the cost of a one-way ticket for flying from UK airports.
The analysis shows that in the week that follows Brexit APD will, on average form 40% of the cost of a one-way ticket to the 47 nations listed by the Office for National Statistic (ONS) as destinations flown to for business purposes. For individual destinations, that can be even higher:
56% of the cost of a ticket to New York
42% of the cost of a ticket to Toronto
60% of the cost of a ticket to Tel Aviv
72% of the cost of a ticket to Dublin
The figures come as the campaign, A Fair Tax on Flying, calls on the new Chancellor to show the UK is open for business by cutting APD in his upcoming budget.
Simon McNamara, spokesman for the campaign commented “If the Government wants to show the UK is open for business once we have left the EU, the Chancellor needs to slash Air Passenger Duty. Having the highest aviation taxes in the world is simply incompatible with boosting international trade and making Britain truly global.
“A cut of at least 50% will reduce the tax burden on UK businesses seeking to maintain and expand new markets overseas, allow our businesses to compete on a level playing field and make the UK more attractive to businesses wishing to visit and invest here.”
This was covered in The Sun on Sunday and can be read here – https://www.thesun.co.uk/news/brexit/9698070/brexit-sajid-javid-air-passenger-duty/