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Jon PENNYCOOK

'Wealthy overseas put off from shopping in the UK by its hefty tourist tax are visiting France, Italy and other European countries to benefit from Europe's continuing tourist tax breaks.'

euronews.com/business/2024/09/

'The then Chancellor, , cancelled the 20% tax break in 2020 (the cancellation itself came into force at the beginning of 2021). Closing the incentive was intended to bolster the public purse without deterring tourists.'

UK's loss is Europe's gain as overseas visitors swap Mayfair for Milan
euronewsUK's loss is Europe's gain as overseas visitors put off by tourist taxWealthy overseas tourists put off from shopping in the UK by its hefty tourist tax are visiting France, Italy and other European countries to benefit from Europe's continuing tourist tax breaks.
#Sunak#tourism#tax