We could all use a getaway this Christmas. What with looming cuts, ‘doom and gloom’ seemingly around every corner and the never-ending saga of yet another round of people wanting to be people that almost got famous singing, we here at 247Moneybox.com think some winter sun or snow would be ideal.
Not to depress you any further, but Air Passenger Duty (APD), or Airport Tax, is set to increase by up to an extortionate 55% from Monday 1st of November. Ouch.
An article on thisismoney.co.uk reports that this could close to triple some fares, with a trip to Australia for a familyof four set to cost £680, up from £440, IN TAX; and, for example, a flight to Florida will result in a tax increase from £180 to £240 - a 33% rise; and a general tax increase in economy fares from £220 to £340, a 55% rise. It’s almost like they want to stop us from flying!
The article is very interesting and brings together views from across the industry, with the consensus being that such hikes are disgraceful.