Who Is Eligible For A Tax Refund?

Any person visiting the UK or a few other surrounding countries is entitled to shop with tax-free discount at the shops that take part in the tax free scheme. Shops that participate in this scheme usually have the tax free logo outside to let passers by know. In order to be eligible for the tax free scheme, you must be a resident of a country outside the EU and a visitor to the UK, this is why many people like coming to the UK to shop for goods at heavily discounted prices.

The minimum amount that you have to spend to qualify for the tax varies from shop to shop and country to country. When the purchase is complete you will have to bring proof of the purchase to the Customs office when leaving the country and get it stamped. Once your tax-free cheque is approved and stamped there are many ways in which you can claim your refund. Many people choose to have their tax refund credited to their credit card or sent straight to their bank account.

Shopping in the UK has never been so opportunistic for people from outside the EU, so if you are from outside the EU and are planning a trip to the UK, you should be sure to allow space in your luggage to keep items that you have bought in tax free shops separate from your other goods.

Claiming your tax back is very simple, when in the tax free shop in the UK, you should ask the shop assistant for a tax free cheque (after having spent the minimum amount of course) and then when you go through customs before leaving the UK, you should get the cheque stamped by the customs officer for approval, and then upon arriving at your destination airport, you should show your stamped refund cheque along with your passport and credit card to get the full amount of tax you paid credited back to your card or to your bank account.

This tax free shopping scheme was created for the benefit of tourists from countries outside the EU who visit the UK or another European participating country.

For more information on tax free shopping London UK visit gbtaxfree.com by clicking on airport refund

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Posted by Liam McGulliver Fletcher on Nov 8th, 2009 and filed under Finance. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.

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