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Government to end VAT rip-offs at British airport shops

George Osborne said VAT relief at airports is intended to cut prices for those travellers - not be a windfall gain for shops

Thursday, 31 December 2015

Cogitamus

BBC News

The Guardian

  • Review launched after airport shops found to not pass on VAT savingsChancellor blasts ‘unacceptable’ practice that sees some stores keep 50p in every £1 of VAT discounts, without passing them on The government is launching a review into airport retail taxes after revealing that shops are ripping off travellers by failing to pass on up to 50% of their VAT savings to customers.George Osborne described the practice as unacceptable, as he highlighted research by HMRC showing that some stores are keeping as much as 50p in every £1 of their VAT discounts without passing them on. Continue reading...

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