The Spring Budget is the perfect opportunity to kill the tourist tax chris hayward Reinstating tax-free shopping will be a shot in the arm for UK tourism - and is long overdue, writes Chris Hayward.
Heathrow chief: Scrapping London tourist tax is ‘critical for the UK’ tourist tax Retail businesses and a host of airports have since pleaded for the government to reinstate the tax break, with wealthy international shoppers choosing to splash their cash elsewhere.
Hunt should listen to business leaders on the costly tourist tax city view Can a relatively small change to VAT laws really cost the country as much as West End retailers suggest? To the many of us who don’t choose our next weekend break on the back of a tax-break on our next Gucci handbag, the idea seems ludicrous. But there is a reason so many retailers and [...]
Tourist tax puts us at a competitive disadvantage, says Gatwick boss June 2, 2024 The UK's tourist tax is putting Gatwick at a "competitive disadvantage" to rival European hubs, according to its chief executive.
Burberry shares plunge as it blames tourist tax for luxury slowdown November 16, 2023 Burberry hit out at the government's decision to scrap the tourist tax and revealed a six per cent loss year-on-year in profit.
Stansted boss: Scrap the ‘tourist tax’ to keep London competitive October 18, 2023 The boss of London Stansted Airport has called on the government to scrap the so-called tourist tax in order to keep London competitive.
Mulberry blames tourist tax and slowdown in luxury demand for falling sales January 17, 2024 British fashion house Mulberry has blamed a slowdown in demand for luxury spending for a nine per cent decline in sales over the golden quarter.
Mulberry: Chief calls to scrap London tourist tax as losses widen November 30, 2023 Thierry Andretta, said that a weak economic outlook is impacting the entire luxury industry and called for UK government to bring back VAT free shopping for international tourists
Letters to the editor: Tourist tax proves puzzling, cross words for our crossword February 16, 2024 Each week we at City A.M. Towers receive some enlightening and occasionally constructively critical letters. Here are our favourites from this week.
‘Disastrous’: London airports slam UK Government’s tourist tax August 16, 2023 Bosses at three leading UK airports have warned the government that its so-called ‘tourist tax’ is already making Britain a less appealing tourist destination. Senior figures at London City, Heathrow and Gatwick argued that the return of airside VAT-free shopping would be critical for the sector to finally shake-off Covid-19 and keep pace with international [...]