Responding to the government announcing a VAT-free shopping scheme for non-UK visitors to Great Britain

Fiscal statement update

Fiscal statement update

Linda Ellett, UK Head of Consumer Markets, Retail and Leisure, said:

“The return of VAT-free shopping for tourists increases the UK’s competitiveness when it comes to attracting the spending power of international visitors.

This is all the more key as we look to find ways to create economic growth, return international tourism to pre-pandemic volumes, and withstand rising inflation on the high street.”

 

For further information please contact

KPMG Media Relations

Rob Smyth

Rob.smyth@kpmg.co.uk

 

About KPMG

KPMG LLP, a UK limited liability partnership, operates from 22 offices across the UK with approximately 15,300 partners and staff. The UK firm recorded a revenue of £2.43 billion in the year ended 30 September 2021. KPMG is a global organization of independent professional services firms providing Audit, Legal, Tax and Advisory services. It operates in 145 countries and territories with more than 236,000 partners and employees working in member firms around the world. Each KPMG firm is a legally distinct and separate entity and describes itself as such. KPMG International Limited is a private English company limited by guarantee. KPMG International Limited and its related entities do not provide services to clients.

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