{"id":996,"date":"2015-08-19T09:06:01","date_gmt":"2015-08-19T09:06:01","guid":{"rendered":"http:\/\/blog.mobitairportparking.co.uk\/?p=996"},"modified":"2015-08-19T09:06:01","modified_gmt":"2015-08-19T09:06:01","slug":"airport-shops-scam-ripping-travellers-off-for-millions","status":"publish","type":"post","link":"http:\/\/blog.mobitairportparking.co.uk\/travel-news\/airport-shops-scam-ripping-travellers-off-for-millions\/","title":{"rendered":"Airport Shops Scam \u2013 Ripping Travellers off for Millions"},"content":{"rendered":"

The Financial Secretary to the Treasury, David Gauke announced, \u201cHe was concerned and disappointed that airport retailers were pocketing millions of pounds in VAT discounts without passing the savings to customers.\u00a0 And that this should stop.\u00a0 Stores at airports demand that passengers present their boarding cards at checkouts before paying for any goods, in order to avoid paying 20% VAT on everything they sell to customers who are travelling outside the EU. Most of these stores, including Boots and W\u2009H Smith, do not pass on the savings to passengers.\u201d<\/p>\n

The Independent says, \u2018This ruse is also used by so-called \u201cduty-free\u201d shops to boost their profits on alcohol sales, thereby making profits of up to 100% on each alcohol sale they make to travellers leaving Europe.\u2019<\/p>\n

\"Duty<\/a><\/p>\n

UK in-bound chief executive said, \u201cVisitors to the UK already have the impression that the UK is an expensive destination \u2013 and this is not helping. The airports charge retailers huge rent, to have the privilege of a store in the captive market that is the airport departure lounge. Exact figures are hard to come by and not publicly available, but Heathrow alone last year made around \u00a3400m in rental income from its airport 345 concessions and stores. Unlike on the high street Heathrow does not charge its stores a set flat rent \u2013 but rather a % of their net sales.\u201d<\/p>\n

\u201cOn average each retailer is paying over \u00a31m a year in rent.\u00a0 If airports did not charge so much rent to their shops, they would not be as profitable. This story confirms the adage of airports being \u201cshopping malls with a runway attached\u201d.<\/p>\n

Overview:<\/strong><\/p>\n

The travellers adjusting to the view that UK is an expensive travel is damaging for the tourism industry. Besides it will also affect the repute of the airport. They need not make it a source of revenue rather they try to make it the attraction for travellers.<\/p>\n

Source: AirportWatch<\/strong><\/p>\n

Also Read:<\/strong>
\nGet Affordable Deals for Meet and Greet Gatwick <\/strong><\/a>
\nHow to Compare Prices for UK Airport Parking Deals?<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The Financial Secretary to the Treasury, David Gauke announced, \u201cHe was concerned and disappointed that airport retailers were pocketing millions of pounds in VAT discounts without passing the savings to customers.\u00a0 And that this should stop.\u00a0 Stores at airports demand that passengers present their boarding cards at checkouts before paying for any goods, in order […]<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38],"tags":[],"_links":{"self":[{"href":"http:\/\/blog.mobitairportparking.co.uk\/wp-json\/wp\/v2\/posts\/996"}],"collection":[{"href":"http:\/\/blog.mobitairportparking.co.uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/blog.mobitairportparking.co.uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/blog.mobitairportparking.co.uk\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"http:\/\/blog.mobitairportparking.co.uk\/wp-json\/wp\/v2\/comments?post=996"}],"version-history":[{"count":2,"href":"http:\/\/blog.mobitairportparking.co.uk\/wp-json\/wp\/v2\/posts\/996\/revisions"}],"predecessor-version":[{"id":999,"href":"http:\/\/blog.mobitairportparking.co.uk\/wp-json\/wp\/v2\/posts\/996\/revisions\/999"}],"wp:attachment":[{"href":"http:\/\/blog.mobitairportparking.co.uk\/wp-json\/wp\/v2\/media?parent=996"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/blog.mobitairportparking.co.uk\/wp-json\/wp\/v2\/categories?post=996"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/blog.mobitairportparking.co.uk\/wp-json\/wp\/v2\/tags?post=996"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}