Commentary

V7.266 Retail exports

Part V7 Tax planning
Part V7 Tax planning | Commentary

V7.266 Retail exports

Part V7 Tax planning | Commentary

V7.266 Retail exports

The retail export scheme provides overseas visitors coming to the UK with the opportunity to receive a refund of VAT paid on goods they buy in shops, as long as the goods are exported to a destination outside the EU. The onus is on the retailer to ensure that export evidence is held to support zero-rating of the goods – if this evidence is missing or unacceptable, then HMRC will treat the goods as having been supplied in the UK.

There is a time limit as far as a VAT refund is concerned – the overseas customer must

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