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    News briefs

    UK revokes VAT-free shopping scheme for foreigners

    2022-10-18T14:38:00Z

    Jeremy Hunt, the British chancellor of the exchequer (finance minister) since Oct. 14, 2022, announced that the government no longer intends to introduce a scheme to eliminate value-added tax (VAT) for foreign tourists. Hunt succeeded Kwasi Kwarteng, who was forced to resign after only 38 days in office after announcing ...