Sunday, May 14, 2023

Chancellor must reverse decision to end tax-free shopping for visitors to UK - Roddy Smith | The ...

Chancellor must reverse decision to end tax-free shopping for visitors to UK - Roddy Smith | The ...

The decision of the Westminster Government to end tax-free shopping is turning into a spectacular own goal for UK plc.

Edinburgh's economy, and certainly that of our city centre, is heavily dependent on our successful tourism industry.

Westminster claims this change saves the Government £2 billion a year. This is short-sighted, since the foreign visitors who come from the US, Middle East, China and elsewhere to shop for the best of British inject huge sums into the broader economy, on top of what they spend on retail ...

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Publisher: The Scotsman
Date: 2023-05-11T06:00:00.000Z
Author: Roddy Smith
Twitter: @TheScotsman
Reference: (Read more) Visit Source



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