7 March 2024| CATEGORIES: Budget, VAT registration threshold, VAT-free shopping| TAGS: Spring Budget 2024, tax-free shopping, VAT registration threshold
The Chancellor of the Exchequer, Jeremy Hunt, presented his Spring Budget to the House of Commons on 6 March 2024. This article sets out the main points of interest from a VAT perspective.
25 April 2023| CATEGORIES: VAT-free shopping| TAGS: tourism, VAT-free
Businesses are once again lobbying the government to re-introduce tax-free shopping for tourists. 90 business leaders have signed a letter to the Chancellor Jeremy Hunt warning of the effects the withdrawal of the scheme in 2021 is having on the UK economy.
5 October 2022| CATEGORIES: hospitality and tourism, VAT, VAT refund, VAT-free shopping| TAGS: Growth Plan 2022, shopping, tax-free, UK, VAT-free
UPDATE: The new Chancellor Jeremy Hunt has reversed this tax measure announced by his predecessor.
