vat free
Airports
alcohol
americas
APAC
APTRA
Asia Pacific
Aviation
brexit
Canada
cannes
cosmetics
counterfeit
counterfeiting
DFWC
duty free
Economy
EU
Europe
European Union
fake
free trade zones
free zones
ftzs
illicit trade
intellectual property theft
international chamber of commerce
itp
Jesrsey
LATAM
Latin America
luxury goods
Media
mislabelling
Netherlands
OECD
Regulations
roundtable
Security
smuggling
Studies
supply chain sustainability
Tax
tax free
tfwa
the economist
tobacco
Tourism
Transport
travel retail
UK
United Kingdom
USA
vat free
world trade
Initial Assessment of the Impact of Removal of the Extra Statutory Concession on Goods Supplied at Duty-Free and Tax-Free Shops
A study commissioned by the UK Travel Retail Forum to make an assessment of the consequences of the UK Government withdrawing VAT-free sales in the UK following Brexit. The initial assessment found that the removal of VAT-free sales could result in a loss of over £2million GBP in GDP, and affect thousands of jobs.