Will the government U-turn on the VAT Retail Export Scheme?

After holding two key roundtables last week, we discuss one of the key findings being the effect of the end to the UK’s VAT Retail Export Scheme.

The unilateral decisions by the UK Government to end the lucrative VAT Retail Export Scheme, which Sylvie Freund-Pickavance cited as having the potential to generate £10bn in terms of sales, hospitality and tourism, was cited as a missed opportunity. This is something that Fashion Roundtable have been consistently lobbying on.

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2024Tamara CincikFebruary 6, 2024Sir Chris Bryant, Rebel 30 Years of London Fashion, Sarah Mower, Design Museum, Kate Hills, Baroness Jane Bonham-Carter, UK Vat Retail Export Scheme, Spring Budget 2024

Make it British and Fashion Roundtable host industry roundtable with Baroness Jane Bonham-Carter and the Liberal Democrat Creative Network on the impacts of Brexit on the fashion sector

On the 31st January 2024, Fashion Roundtable along with Make it British, hosted an industry-focused roundtable discussion with Baroness Jane Bonham-Carter – the Liberal Democrat Lords Spokesperson for Culture Media and Sport, as well as the Liberal Democrat Creative Network and the Liberal Democrat DCMS Parliamentary Group.

The purpose of the roundtable was to discuss the main challenges that post-Brexit agreements were posing to the British fashion sector, providing an opportunity for the top-line issues of Brexit to be heard.

Press ReleaseTamara CincikFebruary 1, 2024Make It British, Kate Hills, Tamara Cincik, Baroness Jane Bonham-Carter, Liberal Democrat Lords Spokesperson for Culture Media and Sport, Liberal Democrat Creative Network, Brexit & Fashion, brexit and business

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