Below cost holidays.

Brexit provides below cost flights

Simon Calder, The Independent’s Travel Journalist, writing a couple of days ago observed that after another chaotic day at Westminster, Britain’s travel industry was surveying the damage to consumer confidence – and slashing prices to try to fill aircraft ............ more

End of the Madeira Tax Free Zone?

European Commission moves on Zona Franca

Press agency Lusa report that the tax exemptions granted by the Portuguese authorities to companies in the Madeira Free Zone (ZFM) constitute “illegal aid that can not be considered compatible with the internal market”, the European Commission said in ............ more

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