Ending tax breaks on private jets could raise 2.7bn, new analysis reveals

"Closing a tax loophole which means some of the wealthiest travellers pay only a fraction of the rate of tax paid by ordinary airline customers could raise 2.7bn a year for the Treasury and incentivise lower emissions, campaigners have said. Climate charity Possible, which has proposed the tax reforms, has also carried out polling showing that two thirds (67 per cent) of the public would support the introduction of fairer tax rates for private jets."

"On a per passenger basis, travelling by private jet is among the most-polluting means of travelling, yet also among the least taxed. A London to New York private jet passenger emits up to 27 times more climate-altering fossil fuels than a passenger flying economy. There are around 100,000 UK private jet departures a year, producing toxic pollution similar to the annual emissions of Southampton, analysis from the charity found."

Reporters are deployed to cover reproductive rights, climate change and Big Tech, funded by donations to keep journalism freely accessible without paywalls. Donations enable journalists to interview diverse perspectives and sustain reporting at a pivotal moment in US history. Campaigners say closing a private jet tax loophole could raise 2.7bn a year for the Treasury and help lower emissions. Possible’s polling indicates 67 per cent public support for fairer private jet tax rates. Private jets are highly polluting per passenger, with some flights emitting up to 27 times more than economy passengers, and many avoid full air passenger duty, VAT and fuel duty.

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