£150k tax free allowance for START-UPS involved in the UK tourist industry

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£150k tax free allowance for START-UPS involved in the UK tourist industry

Additional Information

Request:

1) £150k tax free allowance for start-ups seeking to advertise UK based services and entertainment venues abroad.

Reason:

2) This special tax allowance will directly assist government marketing efforts in this area by allowing start-ups to more effectively market tourism in the UK this year and become established.

3) Increasing the amount of money spent in the UK by tourists is one of the most cost effective ways to reduce the budget deficit.

As start-ups turn into small and medium sized businesses pulling in foreign capital, tax lost will be recovered if this increase the number of such businesses created.

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