APD tagged posts
November 27, 2008 International Taxation
Prime Minister John Key is showing more concern about the proposed Air Passenger Duty (APD) rise.
Prime Minister John Key has voiced his concerns in regards to the proposed tax raised levied on out bound flights from the UK. He specifically mentioned the prospect of other European countries emulating this scheme as a one of the largest concerns for him. As New Zealand will still be in an equally taxed distance from most European countries if similar schemes were implemented.
In a Radio New Zealand interview, John Key said that he personally told British Prime Minister Gordon Brown that the proposed APD system was not necessarily rational...Read More
Those flying from the United Kingdom to New Zealand will see a tax increase of as much as ?90 or $220NZD soon.
In the 2008 pre-budget report released on the 24th of November indicates that Air Passenger Duty (APD) is set to be raised by the British Government. As it stands at them moment the APD is ?10 for European destinations and ?40 for other destinations, in lower class, while all other classes faced taxes of ?20 and ?80 for European and other destinations, respectfully.
The new regime is set to be priced under the scheme of carbon offsetting, namely by charging in distance bands, with higher distances receiving higher penalties. New Zealand and Australia are both in the highest and subsequently most expensive band...Read More