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Brexit impacted 59% of UK fashion businesses: Report


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Close to 59 per cent fashion brands have said that Brexit has impacted their business since the end of the transition, as per a recent report. About 25 per cent of the brands surveyed said they have considered relocating all or part of their businesses and 91 per cent of them want a visa that allows creative access to EU countries cheaply and quickly.
The UK-based leading think-tank for the fashion industry Fashion Roundtable’s latest report titled ‘Brexit: The Impact on the Fashion Industry’ has also revealed that 77 per cent of the brands surveyed expect to be affected post lockdown and 15 per cent said they might consider relocating all or part of their businesses. Approximately 39 per cent said if offered tax relief they would be more likely to localise manufacturing and the same percentage of brands might consider onshoring. ....

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Fashion Roundtable outlines Brexit recommendations


Fashion Roundtable outlines Brexit recommendations
Fashion Roundtable, the secretariat for the All Party Parliamentary Group (APPG) for Textiles and Fashion, has put forward 11 recommendations to help mitigate Brexit s impact on the UK fashion and textile industry.
The APPG has called for the government to; add garment workers to the Shortage Occupation List for visas and reconsider visa requirements for fashion creatives, as well as reinstate VAT refunds for overseas tourists and extend it to EU visitors. It has also called for the government to address issues relating to the rules of origin, which stipulates that goods sent to the EU can only be tariff-free if they are manufactured in the UK. ....

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Heathrow Urges Court To Revive VAT-Free Shopping In UK


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Heathrow Urges Court To Revive VAT-Free Shopping In UK
Law360, London (February 22, 2021, 3:21 PM GMT) Heathrow Airport urged an appeals court on Monday to quash the U.K. government s decision to scrap two tax relief schemes for tourists, arguing that the irrational move failed to take into account the program s wider economic benefits.
A lawyer for Heathrow Airport has said the government s reasons for withdrawing the tax relief on goods at duty-free and tax-free shops were fundamentally flawed. (AP Photo/Kirsty Wigglesworth) Daniel Beard QC, counsel for the airport, said the government s reasoning that led it to withdraw the VAT Retail Export Scheme and the Extra Statutory Concession on goods at duty-free and tax-free shops in Britain was. ....

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