I’ve been reading a lot about good shopping opportunities at Heathrow Airport.
I’ll be at T5 in July and was wondering if the pricing is less 17% or 20% vat off the retail price? Planning out my shopping strategy so the vat percentage helps.
ie: camera case for £2400 retail will be less 20% @ £1920 out the door
OR
17% @ £1992 out the door
Every little bit counts[emoji6]
Thanks!
It will always be 16.7% off the retail price. If something is £2,400 retail, VAT has been charged on the non-VAT amount at 20%. So the £2,400 x 1/1.2 = £2,000 without VAT. Hope that make sense and happy shopping [emoji4]