Britain to re-introduce tax-free shopping for tourists

By: Trademagazin editor Date: 2022. 09. 24. 07:12

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Britain is set to reintroduce sales tax-free shopping for international tourists to boost the country’s retail sector, says Chancellor Kwasi Kwarteng. A consultation will “gather views on the approach and design of the scheme” before it is delivered as soon as possible.

The scheme will allow tourists to get a refund on VAT on goods bought on the high street, at airports and other departure points and exported from the UK in their personal baggage

Retailers have welcomed the proposed return of VAT-free shopping for international tourists by Chancellor Kwasi Kwarteng, saying it would help boost the country’s retail sector. Kwarteng revealed in his new Growth Plan that the government would consult on introducing a new tax-free shopping scheme for the UK and would modernise the one in place in Northern Ireland.

The scheme will allow tourists to get a refund on VAT on goods bought on the high street, at airports and other departure points and exported from the UK in their personal baggage.

Retail Gazette