'New HMRC charge' warning as millions told 'act quickly'

A taxation adept has warned that the Government is 'expected' to summation Air Passenger Duty successful the upcoming Budget connected October 30, perchance expanding the terms of holidays

Millions of Brits could beryllium deed with a higher HMRC taxation bill, an adept has warned. With the Budget acceptable for October 30, Andy Wood from Tax Natives. said it was "expected" that Air Passenger Duty volition spot a hike, impacting countless travellers and perchance bumping up vacation costs, particularly for those jetting disconnected to far-flung places.

APD is simply a complaint by HMRC connected flyers departing from UK airports, varying according to region and people of travel. Andy highlighted that Britain already charges 1 of the steepest APD rates globally, contributing heavy to the soaring disbursal of aerial travel.

Andy said: "APD was already accrued earlier this year, but with the Chancellor expected to people this taxation again, the fiscal load connected travellers is apt to turn significantly. In April, we saw system people home formation APD emergence by 50p, short-haul overseas flights accrued by £2, and long-haul flights of up to 5,500 miles saw an 11% surge, from £194 to £216.

"Any further summation successful APD volition straight impact formation prices, making holidays much costly for UK travellers. Even a seemingly tiny summation of a fewer pounds tin person a ample impact, peculiarly for families booking aggregate tickets oregon those opting for long-haul destinations. When you multiply the summation by respective passengers, the other outgo becomes significant."

Andy has warned that long-distance holidaymakers could beryllium successful for a daze arsenic higher taxes are apt to impact flights to far-off destinations the most: "The further the destination, the larger the fiscal impact. Long-haul travellers could spot a important emergence successful their vacation costs if the authorities pushes up with these taxation hikes."

Furthermore, Andy highlighted the mediocre timing of the imaginable hike, adding: "The timing of this imaginable summation is peculiarly challenging for many. We are successful the midst of a cost-of-living crisis, and further increases to APD would adhd to the fiscal strain connected families looking to bask a interruption abroad. While the authorities has pledged not to rise large taxes similar income taxation oregon VAT, smaller taxes specified arsenic APD could go the focus, placing an further load connected consumers."

Andy besides urged holidaymakers to publication trips present to debar being deed by aboriginal terms rises stemming from taxation increases laid retired successful the upcoming Autumn Budget. He advised: "For those readying holidays successful 2025 oregon beyond, it's advisable to fastener successful prices now, arsenic formation costs are astir definite to emergence if APD is targeted again. We tin lone anticipation that the Chancellor reconsiders this determination and takes into relationship the challenges that British holidaymakers are already facing."