Insight
London is contemplating the implementation of a 'tourist tax' of up to 5% on short-term rentals.
Sadiq Khan 'tourist tax' of up to 5% sparks row as bosses condemn it as London blow
Summary
London is considering a 'tourist tax' of up to 5% on short-term rentals, sparking controversy among business leaders who fear it will harm tourism. This potential new levy could impact host earnings and guest pricing.
Key takeaway