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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Leisure, gaming and gambling

Air Passenger Duty to be raised again in Budget, reports suggest

All the Budget talk might be about tax cuts, but add Air Passenger Duty to a growing list of things that might be going up on Wednesday.

Reports have said that an increase in Air Passenger Duty for business class passengers is being looked at as a way to raise cash for cuts elsewhere.

APD has been a favourite avenue to boost government revenues in recent years and went up again in the last Budget.

Currently, business class passengers pay £13 in duty for domestic flights, £26 for flights up to 2,000 miles, £191 for up to 5,500 miles and £200 for further than that, though these rates are already scheduled to rise slightly from April.

Economy travellers currently pay £6.50 for domestic flights, £13 for short-haul and £87 or £91 for longer hauls, but face 50p or £1 rises respectively from April.

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