Sir Paul Smith takes aim at tourist tax as foreign shoppers ditch Mayfair for Milan Retail Fashion legend Sir Paul Smith has joined the long list of business figures frustrated by the scrapping of VAT-free shopping for international visitors.
London’s tourist tax: 63 per cent of international tourists would spend more if levy was scrapped Retail Some 63 per cent of international tourists would be more likely to make large purchases in the UK if tax-free shopping was re-introduced, fresh polling has revealed. The bombshell data, launched before the Spring Budget, where there have been rumours it could be scrapped, is based on a study of 8,000 people from the USA, [...]
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.