England Mayors Get Power for Visitor Tax Introducing New Tourist Levy

Mayors in England will soon have the authority to impose an overnight visitor levy on tourists. This uncapped tax will be calculated as a percentage of accommodation costs instead of a flat fee. Mayor of London Sir Sadiq Khan estimates this could generate more than £350 million annually for the capital from a 3% levy. The government plans to provide further details about this policy following a meeting between Housing Secretary Angela Rayner and local leaders. This potential tax may affect the affordability of holidays in England for families.