Retailers slam 'botched' tourism tax-back plan
The Government has said a lowering of the spending threshold in its tourism Vat-back scheme will help small traders and safeguard against fraud after Brexit.
Tourism and retail groups have slammed the Government over a “botched” attempt to safeguard small traders through changes to a Vat refund scheme for tourists.
They said the Government’s decision to lower the spending threshold on its Vat refund scheme for non-EU visitors does not go far enough and will do nothing to help small retailers who are heavily dependent on the holiday spend of visitors from North America and the UK.
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