Extract from second reading debate (Commons) of the Finance (No. 2) Bill: Duty-Free Shopping - Apr 13
Wednesday, 14 April 2021 07:30
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Jim Shannon (Strangford) (DUP):...Instead of supporting the sector,
the Finance Bill includes rises in air passenger duty that will
harm the recovery of an industry that has largely been shut down
for over a year. Added to that, there is the blow of the removal of
airside VAT-free shopping at the end of 2020. That is another hit
for airports, which rely heavily—up to 40% of their income—on
retail and require a firm financial footing to successfully recover
throughout the rest of the...Request free trial
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