The UK government has announced that it will introduce a modern, digital, VAT-free shopping scheme for non-UK overseas visitors. Prior to Brexit, the VAT retail export scheme (RES) allowed non-EU visitors to the EU to recover the VAT on purchases they made on the high street which they took home with them in their luggage. This scheme was withdrawn in Great Britain after Brexit i.e., from 1 January 2021. Retailers in Northern Ireland, including those at ports or airports, were still able to offer VAT RES to non-EU visitors to Northern Ireland, under the terms of the Northern Ireland Protocol.
Source DLA Piper
Latest Posts in "United Kingdom"
- UK VAT Threshold Debate: Growth-Boosting Increase or Revenue-Raising Decrease at Autumn Budget?
- Chancellor Proposes Raising VAT Registration Threshold to £100,000 to Boost UK Economy
- ICS2 Implementation for Northern Ireland: Transition Details and Support for Carriers by HMRC
- FTT Rules Ferrero’s Nutella Biscuits Not Partly Chocolate-Covered, Zero-Rated for VAT
- HMRC Wins Upper Tribunal Case Against Mini Umbrella Company Fraud, Tightens Compliance Rules
