​Cut APD: Scottish Government’s “Golden Opportunity” To Boost Jobs And Economy

Published on : Saturday, June 4, 2016

edinburgh airport logoEdinburgh Airport has today submitted its Air Passenger Duty consultation document to the Scottish Government showing that a 50% cut to APD in one move will mean an additional 18 million passengers using Scotland’s airports by 2021.

 
This will create nearly 10,000 new jobs in Scotland and add more than £300 million Gross Value Added per year to the Scottish economy.

 
The document, which was independently verified by BiGGAR Economics, is to inform the consultation on the potential economic and exchequer impacts that could result from a reduction in APD in Scotland.

 
Gordon Dewar, Edinburgh Airport’s Chief Executive said:
“For greater numbers of people from overseas to spend holidays here, visit friends and family, study and do business in Scotland it is vital that the Scottish Government takes this golden opportunity and confirms that APD will be reduced by 50 per cent in April 2018.

 
“A one move 50% reduction will bring an extra 18 million passengers to Scotland between the cut being confirmed and the end of 2021.

 
“It will generate 10,000 new jobs in tourism and add more than £300 million Gross Value Added per year to the Scottish economy and generate a range of tax revenues that will comfortably exceed the cost of the reduction.

 
“Scotland is a relatively small island nation on the western edge of Europe – how else do we bring people here and how else do we send people, good and services into global markets to compete?

 
“As the market place becomes increasingly globalised it is vital that our government uses the new powers at its disposal to reduce this regressive tax and deliver a measure which will give Scotland a competitive edge over the rest of the UK giving a boost to connectivity, jobs and prosperity that will benefit everyone.”

 

 

Source:- Edinburgh Airport

Tags: ,

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

arrow2Follow TTW
 
facebook-logo  twitter-logo  LinkedIn_logo  stumbleupon-logo   rss_logo 
ttw_blogger_logo  ttw_blogger_logo  ttw_blogger_logo

ADVERTISEMENT

  • 03 itb-asia 2017
  • 04 Imex America 2017
  • 10 Globalwellnesssummit 2017
  • 10 thehotelshow 2017
  • 11 hospitalityaward 2017
  • 12 theleisureshow 17
  • 12 TTF17
  • 13 Frontiers Forum 2017
  • 14 bltm 2017
  • 14 patatravelmart 2017
  • 15 amsummit-ind 2017
  • 15 leisure 17
  • 16 Aviation Festival 2017
  • 16 OTDYKH 2017
  • 16 SKAL 17
  • 17 thincindonesia 2017
  • 17 worldmiceday 2017
  • 18 worldmiceday 2017
  • 19 IITM
  • 19 itehcmc 2017
  • 19 TTG Incontri 2017
  • 20 hmasummit  2017
  • 21 hoteltechhk 17
  • 43 PATA

TRAVEL INDUSTRY EVENTS

Get our toolbar!
Review www.travelandtourworld.com on alexa.com