#vat-free-shopping

[ follow ]
#luxury-retail #tourism-spending #uk-manufacturing #uk-consumers #european-market #retail-industry
fromBusiness Matters
2 hours ago

Mulberry chief urges Labour to scrap 'unfair' tourist tax as luxury sector reels from spending slump

The head of British luxury brand Mulberry has called on the government to reinstate VAT-free shopping for international tourists, warning that the "unfair" tax burden is stifling investment and driving wealthy shoppers away from the UK. Chief executive Andrea Baldo said the move would help revitalise Britain's luxury and retail sectors - which have been hit hard by declining visitor spending since the 2021 abolition of the VAT rebate for overseas visitors - while boosting UK manufacturing and tourism revenues.
UK politics
UK news
fromBusiness Matters
2 months ago

British spending on EU VAT-free shopping soars fivefold as UK policy faces backlash

British consumers are increasingly spending on VAT-free goods in Europe due to the UK's scrapping of tax-free shopping for international visitors.
E-Commerce
fromBusiness Matters
3 months ago

Burberry boss calls for VAT-free shopping return to boost UK retail and tourism

Burberry's CEO urges the UK government to reintroduce VAT-free shopping for international visitors to enhance luxury retail sales.
UK news
fromBusiness Matters
6 months ago

Brands warn UK must restore VAT-free shopping to attract US tourists amid tariff fears

Reinstating VAT-free shopping for international tourists is essential for enhancing Britain's competitiveness and stimulating economic growth.
[ Load more ]