Owners of major retail businesses and airports urge Treasury to think again
UK retailers, hoteliers and airport chiefs have warned the chancellor that scrapping tax-free shopping for international tourists has put 70,000 jobs in jeopardy.
Earlier this month the Treasury said that the retail scheme, which enables non-EU visitors to reclaim VAT paid on their purchases, would finish at the end of December. The Treasury says it is making use of the end of the Brexit transition period to bring personal duty and tax systems in line with international norms.
Continue reading…Owners of major retail businesses and airports urge Treasury to think againCoronavirus – latest updatesSee all our coronavirus coverageUK retailers, hoteliers and airport chiefs have warned the chancellor that scrapping tax-free shopping for international tourists has put 70,000 jobs in jeopardy.Earlier this month the Treasury said that the retail scheme, which enables non-EU visitors to reclaim VAT paid on their purchases, would finish at the end of December. The Treasury says it is making use of the end of the Brexit transition period to bring personal duty and tax systems in line with international norms. Continue reading…