Holidaymakers 'missing out on tax refunds'

MORE than half of UK adults do not realise they may be able to claim back VAT on purchases made while holidaying in the EU, meaning many could be missing out on valuable savings, research for trade association Abta indicates.

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It commissioned a survey which found that 51% of people were unaware of the opportunity to make a claim on certain goods. Younger travellers were found to be the most informed, with 69% of 18 to 34-year-olds saying they are aware of the opportunity to claim, compared with 38% of those over 65 and a third (33%) o