The Italian luxury tax has been great for business
London, UK (PRWEB) April 27, 2012
The introduction of the Aviation Luxury Tax on privately owned aircraft has had a positive effect on bookings at Private Jet Central. Demand for jet charters to Milan, Rome and other cities around Italy has increased significantly as the new taxes deter private jet owners from flying to Italy. The tax is only levied on privately owned jets and commercial flights are so far unaffected by it.
The recent attempts by Italy to balance its books have seen a host of new taxes introduced on so called luxury items. Included in the “Save Italy” measures are new taxes on cars over 250Hp, yachts and privately owned aircraft. The tax was introduced on March 5th and is applicable to all non-commercial and Italian owned craft operating in Italy for a period longer than 48 hours.
The tax is levied on a sliding scale at €1.5 per Kg for aircraft under 1,000kgs and up to €7.5 for aircraft over 10,000kgs. Italy already has some of the highest levels of airport fees and duties in the EU and the tax is further expected to deter visitors and business executives. The MD of Private Jet Central has said “The Italian luxury tax has been great for business”.
Business and pleasure users who want to fly private jet from London to Milan can get there in style with a charter from Private Jet Central. With a huge choice of light to heavy jets ready to fly at just 4 hours’ notice and round the clock access to flight consultants Private Jet Central provide a service that is second to none.
About Private Jet Central
Private Jet Central is a global jet charter company with offices in the United Kingdom, United States and the Middle East. Founded in 2001 they offer a range of jet charter services to business and pleasure users in the UK and Europe. With over 10 years’ experience in the jet charter industry they are ideally placed to meet their client’s requirements. More information on the full range of services offered by Private Jet Central is available at http://www.privatejetcentral.com/.