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Spanish PM Sánchez plans tax rises for holiday rentals

tax

Reading Time: 3 minutesSpain: Spanish Prime Minister Pedro Sánchez has announced plans to raise taxes on holiday rentals in a bid to address soaring rents in cities across Spain, in line with a new European Union directive.

Greek government set to increase daily taxes for STRs and hotels

Greek

Reading Time: 2 minutesGreece: The Greek parliament has approved a bill that will increase a daily tax on short-term rentals and hotels in the country, as well as charge a levy for cruise ship visitors, in a bid to reduce over-tourism and address the impact of natural disasters on its economy. 

UK Budget to raise taxes by £40bn: Hospitality industry reacts

Budget

Reading Time: 8 minutesUK: New UK Chancellor Rachel Reeves MP has delivered a Labour Budget for the first time in 14 years as the government warned of “difficult” decisions to “restore economic stability” and plug a £22 billion black hole in public finances.