The association this week called for urgent financial relief to support the travel and tourism sector; its proposed measures included bridging loans; business rate relief; extensions to VAT and PAYE payment deadlines; and a six-month Air Passenger Duty “holiday”.
In his first Budget since taking over from Sajid Javid last month, Sunak announced a one-year temporary abolition of business rates for premises with a rateable value of less than £51,500, which will likely benefit independent agents, as well as small hotels and B&Bs.
