Reinvest GST, take from tourism

Reinvest GST, take from tourism

A call for the single biggest beneficiary of tourism to reinvest in the product was made yesterday by Tourism Industry Aotearoa boss Chris Roberts.
Speaking at SKAL Auckland’s monthly luncheon, Roberts said the government had increased its GST take by $500m a year, from $700m to $1.2b, since the tourism boom began around four years ago.

‘They are the biggest winners,’ says Roberts. ‘We are selling New Zealand as a product so let’s reinvest the GST take from the product.’
Like the rest of the country, TIA is waiting with baited breath for a post-election government to be formed following the election. ‘Labour and the Greens want a border tax, and National has talked about, but not really favoured, a national bed tax.
'(For a bed tax to work) we need to see it right across the accommodation sector, including AirBnB.'
As for the Auckland bed tax, Roberts hinted the matter might still end up in the courts. He says TIA fought the tax and managed to get it down to almost 50% of the original amount. ‘That 212 properties are asked to pay a quarter of ATEED’s budget is just unfair.‘A worry is that other councils will copycat the Auckland tax.’

 

ProMag