In his mini-budget on 23 September 2022, Chancellor Kwasi Kwarteng announced plans to introduce a new digital, VAT-free shopping scheme for non-resident visitors. [This was reversed on 17 October 2022 by the new Chancellor Jeremy Hunt.]
- Non-UK visitors to Great Britain will be able to obtain a VAT refund on goods bought in the high street, airports and other departure points and exported from the UK in their personal baggage.
- The scheme aims to provide a boost to the high street, creating jobs in the retail and tourism sectors.
- The delivery will include modernising the scheme that currently operates in Northern Ireland and introducing a new digital scheme in Great Britain.
- A consultation will gather views on the approach and design of the scheme, to be delivered as soon as possible. [Reversed on 17 October, see Fiscal Statement October 2022: At a glance]
Useful guides on this topic
Mini-budget 2022: at a glance
A summary for SMEs and their owners
External links
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