The chancellor said the government will consult on a new tax-free shipping scheme for Great Britain and modernise the existing scheme in Northern Ireland. The 2bn tax reduction forms part of 45bn tax-cutting plans unveiled by Kwasi Kwarteng in parliament yesterday. This is a priority for our great British retailers so it is our priority, too,” the new chancellor said.
The scheme will allow tourists to be refunded VAT on goods bought at UK airports and high street shops when they take them back home.
This story is from the September 24, 2022 edition of The Independent.
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This story is from the September 24, 2022 edition of The Independent.
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