Belmont Thornton Logo
PPI Claims - About PPI

PPI Claim News

Payment protection: VAT hike 'may reduce tourism'

Tourism in the UK may be adversely affected by the VAT hike, an expert has said.

Mary Rance, chief executive of UKinbound, a trade association which represents the interests of the UK's inbound tourism businesses, claims that this increase in VAT comes on top of a number of other taxations tourists face when entering the UK.

She said: "Other European countries have actually reduced VAT on hospitality to encourage tourism because it makes such a big contribution to the economy.

"We are concerned that this should be addressed, and the increase in VAT gets reviewed as soon as possible with a view to getting it reduced, particularly on hotels and restaurants."

Ms Rance added that although the VAT hike is not a deciding factor for many tourists, it will negatively impact the competitiveness of the UK as a destination.

Research from revealed that more than one in ten Brits would consider moving abroad for a lower cost of living following the increase in VAT.

Jennifer Haines

Jennifer's speciality knowledge is credit card changes and balance transfers.

Bookmark and Share
Tell a Friend
blog comments powered by Disqus

Enquiry Form

First Name 
Last Name 
Mobile Phone
Home Phone
Address Line 1 
Post Code 
Claim Back Mis-Sold PPI Button

Belmont Thornton Limited is regulated by the Claims Management Regulator in respect of regulated claims management activities; our registration is recorded on the website number 18273

Belmont Thornton Limited is incorporated in England and Wales, Company number 6621233, whose head office at Unit B11, Kestrel Court, Harbour Road, Portishead, Bristol, BS20 7AN and registered office at Harwood House, 43 Harwood Road, London, SW6 4QP.

Belmont Thornton Limited is registered with the Information Commissioners Office. Registration number Z1728023.

Please note that calls may be monitored for the purposes of staff training.

* Belmont Thornton operates on a "No Win No Fee" basis. This means that there are no upfront costs to pay. Our fee only becomes payable on a successful outcome of a claim. A cancellation fee is payable if you decide that having instructed Belmont Thornton to act on your behalf, and after 14 days of signing your Letter of Authority, you do not wish to continue pursuing your claim with us. The cancellation fee is the reasonable costs incurred for the work undertaken. Please see our terms of engagement.

By using our web-site, you agree that we can place the types of cookies described in our privacy policy on your device.Hide