Chancellor of the Exchequer of the United Kingdom Jeremy Hunt is considering increasing taxes on air passengers on business travel as a potential revenue-generating measure to help finance personal tax cuts in the budget Wednesday.
Air passenger duty on business class travel is currently charged at £13 ($16.5) for domestic flights, £26 for flights up to 2,000 miles (3,200 kilometers), 191 £200 for flights up to 5,000 miles and £200 for longer flights. with some small increases already planned for April 1st. But Hunt is now considering a further increase alongside options such as scrapping the tax status of non-domiciled and extension a windfall tax on the profits of oil and gas companies, according to people familiar with the matter.