Tourism: VAT
Commons · Question 1936 · Tabled 26 Jul 2024 · Treasury · Official record
Answered 2 Sep 2024
Question
Asked by Rachael Maskell
To ask the Chancellor of the Exchequer, whether she plans to introduce tax free shopping in tourist destinations.
Answer
Answered by James Murray, 2 Sep 2024
Earlier this year, the Office for Budget Responsibility conducted a review of the previous government’s 2020 costing of removing tax-free shopping for tourists. The OBR’s updated estimate is that the withdrawal of the VAT Retail Export Scheme will lead to...