Exports: VAT

Summary

To ask the Chancellor of the Exchequer, with reference to his oral contribution of 22 November 2023, Official Report column 349, what the evidential basis is for the statement that the VAT Retail Export Scheme cost around £2.5 billion a year; and if he wi

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Timeline

1. 29 January 2024

   Written question

   To ask the Chancellor of the Exchequer, with reference to his oral contribution of 22 November 2023, Official Report column 349, what the evidential basis is for the statement that the VAT Retail Export Scheme cost around £2.5 billion a year; and if he wi

   Source: Commons

2. 6 February 2024

   Answer

   The Growth Plan, published in 2022 (https://www.gov.uk/government/topical-events/the-growth-plan), indicated that introducing a worldwide scheme would come at a fiscal cost of around £2 billion each year. This figure consists of the cost from EU and non-E...

   Source: Written answer

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• · Treasury · Answering body

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