London’s luxury boutiques get boost from revived vat exemption

London’s luxury boutiques get boost from revived vat exemption

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September 23, 2022 at 11:34 AM EDT London’s West End shopping district and other UK hotspots for tourism spending are expecting a boost from a decision to let foreign visitors claim back value added tax again. Chancellor of the Exchequer Kwasi Kwarteng announced the move as part of a package of tax cuts Friday, reinstating an exemption that ended last year.

September 23, 2022 at 11:34 AM EDT London’s West End shopping district and other UK hotspots for tourism spending are expecting a boost from a decision to let foreign visitors claim back


value added tax again. Chancellor of the Exchequer Kwasi Kwarteng announced the move as part of a package of tax cuts Friday, reinstating an exemption that ended last year.