The UK takes back duty-free purchases. Two years after the purchase program was suspended Tax-free For international tourists, the country’s government has decided to reinstate the procedure.
“I want our streets, airports and shopping malls to benefit from tourist visits,” British Finance Minister Kwasi Quarting said during a session of parliament on Friday.
This procedure will be reinstated “in the shortest possible time” and through a digital system. “We are looking at ways to generate economic growth, return international tourism to pre-pandemic volumes and resist the surge,” he added.
On December 30, 2020, the country’s government suspended the procurement program tax Free For international tourists in the country on the grounds that it offers few advantages and contradicts international standards.
This procedure will be reworked “in the shortest possible time” and through a digital system
The rule that went into effect on January 1, 2021, Foreign tourists who wanted to buy tax-free in the UK were forced to receive their purchases in their home countries. Then New West End, which represents Oxford, Regent Street and Bond Street retailers, called the decision a “hammer blow” to British trade.
Since then, many operators have raised their voices to return duty-free purchases to the UK. Last May, the Walpole Society published a report stating that reintroducing this measure would contribute £1.2 billion to the British economy.
According to the association, before the pandemic, tourism generated 4% of the country’s GDP and contributed £85,000 million. of this amount, 30 thousand million pounds corresponding to high-end tourism.
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