HMRC launch consultation on VAT Retail Export Scheme

In the 2016 Autumn Statement the Government announced that HMRC was taking forward plans to modernise the VAT Retail Export Scheme (RES) to improve the customer experience and protect revenue.

HMRC has since been working with retailers, refund providers, technology companies and others to identify solutions, in particular how modern technology could smooth the process and improve the visitor experience.

HMRC have considered all ideas and feedback received and now propose to amend the RES rules to permit digital verification and electronic and consolidated invoices.

More information about the proposals can be read here VAT Retail Export Scheme and feedback emailed to [email protected] by 6th September 2019.