<\/p>\n
\n Following her visit to the Oxfordshire designer outlet she pledged to bring back tax-free shopping for tourists from outside the European Union.\n<\/p>\n
\n She said the decision to scrap the scheme in 2021 left the UK less competitive than European destinations.\n<\/p>\n
\n Kemi Badenoch was a Treasury minister when the tax relief was abolished by Boris Johnson’s government, and publicly supported it.\n<\/p>\n
\n At the time, Badenoch said it was “a costly relief which does not benefit the whole of GB equally”.\n<\/p>\n
\n READ MORE: This Harry Potter book could fetch up to \u00a3100k at auction\n<\/p>\n
\n Conservative Party leader Kemi Badenoch during her visit to the designer outlet (Image: Jacob King)\n<\/p>\n
\n At the time, the Treasury argued that extending the scheme to EU visitors would be too costly and that abolishing it would save hundreds of millions of pounds for the Exchequer.\n<\/p>\n
\n In a statement on social media announcing the plans she said: “Britain should be the place where the world comes to shop.\n<\/p>\n
\n “Instead we’re losing millions of potential customers to European capitals.\n<\/p>\n
\n “Yesterday at Bicester Village, I spoke to the the iconic retailers, designers and manufacturers being let down by a tax policy that chases customers away.\n<\/p>\n
\n “A Conservative government will restore tax-free shopping – boosting British business and our tourism industry, helping to create jobs and grow the economy.”\n<\/p>\n
\n Conservative Party leader Kemi Badenoch (left) with shadow culture secretary Rebecca Paul (right) during her visit to the designer outlet shopping centre Bicester Village (Image: Jacob King)\n<\/p>\n
\n Mrs Badenoch said research estimates that restoring tax-free shopping could attract up to 2.35 million additional visitors and generate \u00a34.1 billion in additional spending.\n<\/p>\n
\n The party also said that if evidence confirms the scheme “pays its way”, this would be extended to visitors from the EU by the end of the next Parliament.\n<\/p>\n
#Kemi #Badenochs #Bicester #Village #day #tourist #tax #uturn<\/p>\n","protected":false},"excerpt":{"rendered":"
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