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Holidaymakers could be forced to pay a ‘hotel tax’ as part of frantic efforts by Chancellor Rachel Reeves to stabilise the public finances. Treasury officials are understood to have carried out ‘modelling exercises’ to work out the impact of introducing a similar ‘tourist tax’ to that applied in France, where a nightly accommodation charge ranges […]
A crane prepares to move a shipping container off a cargo ship and onto a truck at the Port of Alaska on March 22, 2020. (Mayowa Aina/Alaska Public Media) The cost of shipping goods to Alaska could rise next year in response to increased fees at the Port of Alaska. The Anchorage Assembly voted last […]
Rachel Reeves used her Budget today to hike stamp duty for buy-to-let landlords and those buying holiday homes. The Chancellor announced, from as soon as tomorrow, those purchasing additional properties will have to pay a 5 per cent surcharge. This is a two percentage point increase of the current 3 per cent surcharge, with Ms Reeves […]