Big mistake? Brexit, end of VAT a costly blunder for Chinese tourism in the UK
The UK has lost its allure as a luxury shopping destination among Chinese tourists, primarily due to the withdrawal of its tourist tax refund policy.
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The UK has lost its allure as a luxury shopping destination among Chinese tourists, primarily due to the withdrawal of its tourist tax refund policy.
This is a G7 summit heavy on symbolism. On the morning of August 6, 1945, an atomic bomb was dropped on the city of Hiroshima. Nearly 78 years later, the leaders of the world’s wealthiest democracies have gathered in the city. Support for Ukraine will be top of the agenda.
SIR ROCCO FORTE: Visitors to our islands have to pay a swingeing 20 per cent extra in VAT for souvenirs and luxury items that they want to take home.
SIR ROCCO FORTE: Visitors to our islands have to pay a swingeing 20 per cent extra in VAT for souvenirs and luxury items that they want to take home.
ANDREW KEITH: Jeremy Hunt (pictured) has the opportunity to pump £350million directly into the national coffers next year, with a simple tax change.