Tax Free Shopping Scheme
Nov 19
London advice, finance, legal, London, misc, services, Shopping, tax, tax free, taxes, tourism, tourist, travel, UK No Comments
If you are a citizen of a country that is not in the European Union and you are visiting the UK, then there will shops available for you to make purchases in, and then claim the tax back on those purchases. This service is offered by many shops all over the city.
The VAT in the UK is around 15% and in order to claim it back after the purchase, you must spend at least the minimum amount which may vary from store to store, but it usually around 30. The next thing to do is to get your tax refund cheque stamped by Customs on your way out of the country.
Shopping in the UK has never held more opportunities if you are visiting as a tourist from outside the EU. The luxury of being able to claim back tax on purchases is something you can take advantage of as a tourist while citizens must pay full price. If you are planning on bringing your purchases back with you, you should ask for a tax refund form in the shop while you’re making your payment.
When you show your purchases, the receipts and passports in the Customs department at the time of departure, you can get your refund cheque stamped. There are numerous refund offices across the globe who can very swiftly arrange for a refund straight to your credit card or in certain cases, they may give you cash. However, there might be slight variations depending on the locations, so one is advised to go through the details clearly and get the entire benefit of shopping tax free.
There are many shops all over London that display the “tax free” logo outside, so when you next find yourself in the UK, you should hunt some down, it will be well worth it!
For more information on tax free shopping London UK visit gbtaxfree.com by clicking on airport VAT refund
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