Edinburgh Approves New 5% Tourist Tax

Edinburgh is poised to become the first city in Scotland to implement a transient visitor levy (TVL), following a vote by local councillors. The proposed five percent tax on accommodations, including hotels and Airbnb rentals, aims to generate up to £50 million annually for public improvements and housing, with funds allocated to arts and community projects. A consultation period will start this autumn to gauge public opinion on the tax's rate, with some advocating for an increase to eight percent. Supporters argue that the levy aligns Edinburgh with other global tourist hotspots, while critics warn it could deter visitors and negatively impact local businesses. The council plans to finalize the scheme by January, aiming for implementation by the 2026 festival season. Despite concerns, council leader Cammy Day believes the modest fee will not deter tourists, comparing it to the cost of a cup of coffee.