FHL Tax victory
The Conservatives have secured a stay in execution of Labour's disastrous FHL tax changes.
As part of the "Wash up" at the end of the budget, Labour have had to postpone plans for a stealth tax rise on the tourist industry through scrapping the Furnished Holiday Lets rules.
This tax change could have dire consequences for areas like Keswick which depend on the tourist industry.
Labour have promised to reintroduce this if elected. Conservatives are opposed to it and had promised to "undo the damage" it would cause.
There have been similar delays to the cider tax and the £6 a year telephone tax.
The FHL stealth tax rise is a vital issue in areas like Keswick where income from a million visitors a year is the main component of the local economy. A very substantial proportion of those vistors stay in FHL accomodation. That sector will be seriously hurt if Labour is re-elected and goes ahead with their FHL tax proposals.
A vote for Labour's Jamie Reed is a vote to cripple the economy of Keswick.
As part of the "Wash up" at the end of the budget, Labour have had to postpone plans for a stealth tax rise on the tourist industry through scrapping the Furnished Holiday Lets rules.
This tax change could have dire consequences for areas like Keswick which depend on the tourist industry.
Labour have promised to reintroduce this if elected. Conservatives are opposed to it and had promised to "undo the damage" it would cause.
There have been similar delays to the cider tax and the £6 a year telephone tax.
The FHL stealth tax rise is a vital issue in areas like Keswick where income from a million visitors a year is the main component of the local economy. A very substantial proportion of those vistors stay in FHL accomodation. That sector will be seriously hurt if Labour is re-elected and goes ahead with their FHL tax proposals.
A vote for Labour's Jamie Reed is a vote to cripple the economy of Keswick.
Comments
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