If Matt Hancock doesn’t stop you going on holiday this summer then the cost of Covid-19 tests just might. A negative PCR test (the type that must be sent to a laboratory for analysis) is required for entry into many countries and on return to the UK, but the costs can rack up quickly. Providers on the government’s official list for England and Northern Ireland offer tests costing between £42 and £399. The median price is £100.
A round trip to a green-list country is likely to include at least an outbound PCR test, a lateral-flow test (the ones that give a result on the spot in 30 minutes) before return and then a second PCR test on day two of return. Those quarantining after travel to amber countries need to shell out for two PCR tests on day two and day eight. Young children are exempt from some of the rules, but for large families the costs can still be eye-watering.
We pay VAT on top
For example, Karen Beddow of Cheshire “faced spending £1,200” on tests to travel to Portugal with her husband and three daughters at half-term, says David Churchill in the Daily Mail. After a day’s research she managed to find tests available for £665. Some people report paying more for tests than they did for the holiday itself. The UK still charges VAT on PCR tests, unlike many other European countries. The average cost of a PCR test in eight continental destinations is £62, half the UK average. Lateral-flow tests are free for asymptomatic people on the NHS. But they are not widely accepted for entry into other countries because they are less accurate than the PCR test, which the NHS only gives to people with symptoms.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Some people are thought to have feigned symptoms to get free PCR tests that they then use for travel. As well as being fraudulent, the ruse doesn’t work: airlines have been refusing boarding to people without privately provided test results. NHS “test and trace” documents are not accepted for travel (even from NHS workers).
More competition is slowly bringing costs down, say Helen Coffey and Joanna Whitehead in The Independent. Boots has launched a PCR self-test package for £65. Airlines have started to subsidise the cost of tests so that their passengers can fly.
Tui sells PCR test packages starting from just £20. Ryanair, easyJet and British Airways have also begun to offer discounted PCR test deals for £60 and less. Airports are joining in: Heathrow sells pre-departure “PCR fit to fly” tests starting at £59; Manchester’s pre-departure one goes for £66. People entering Scotland and Wales have less choice when they return. They must book tests through the government-backed CTM booking portal, paying £88 for a PCR test. Those returning from amber list countries pay £170 for two tests. Check reviews before buying. Expert Medicals is one of the cheapest providers on the government list at £45, says Churchill Insurance. Yet the group has incurred widespread criticism from consumers. Cheap is not always cheerful.
A survey from insurer Battleface finds that “just 4% of holidaymakers would be willing to pay £75 or more for a PCR test before travelling”, says Will Kirkman in The Daily Telegraph. “The average price that people would be willing to pay for a test was £22.” The hassle and cost of tests are likely to deter all but the most determined travellers – at least until governments get a vaccine-passport system in place.
-
Christmas at Chatsworth: review of The Cavendish Hotel at BaslowMoneyWeek Travel Matthew Partridge gets into the festive spirit at The Cavendish Hotel at Baslow and the Christmas market at Chatsworth
-
Tycoon Truong My Lan on death row over world’s biggest bank fraudProperty tycoon Truong My Lan has been found guilty of a corruption scandal that dwarfs Malaysia’s 1MDB fraud and Sam Bankman-Fried’s crypto scam
-
Parents face £1,000 'nanny tax' – how to afford itHiring a nanny is about to become even more of an expensive hassle for families, especially those in London. Here's how to cut costs
-
Is it cheaper to be a sole trader?It might be cheaper to be a sole trader due to changes to the tax system
-
The best fintech apps on the marketFrom digital banking to investment platforms, here are the top fintech apps on the market right now, according to David C. Stevenson
-
What pension providers don't tell you about your retirement moneyCheck the small print from your pension provider or risk losing thousands.
-
Britain’s stifling tax burdenChancellor Jeremy Hunt's Autumn Statement will see the tax burden rise in each of the next 5 years.
-
Brace for a year of tax risesThe government is strapped for cash, so prepare for tax rises. But it’s unlikely to be able to squeeze much more out of us.
-
Lock in high yields on savings, before they disappearAs interest rates peak, time to lock in high yields on your savings, while they are still available.
-
Are lifestyle funds still fit for purpose?Lifestyle funds have failed to do what they were supposed to do – shield savers from risk in the run-up to retirement.
