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ETOA argues Schengen decision cost Britain £26bn

ETOA argues Schengen decision cost Britain £26bn

The Schengen Agreement - allowing travellers in Europe to move across borders without passports - has come under a lot of scrutiny. It is widely portrayed as “broken” and simultaneously “about to fail”. But one, unremarked, area where the agreement has been of huge benefit is in the provision of a single visa for travellers coming to Europe.

Iceland set to triple VAT on accommodation

Iceland set to triple VAT on accommodation

7 September 2012 Hotel News

The Icelandic government has published proposals to raise the value added tax on accommodation, restaurant meals and attractions from seven per cent to 25.5 per cent as of the May 1st 2013. This proposal more than trebles the tax on all those services that tourists need to purchase.