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For Tax Free shopping in the United Arab Emirates, please visit the dedicated UAE website by clicking here.
For Tax Free shopping in the Finland, please visit our Finland webpage.
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We have not received a qualifying Tax Free form for your VAT refund, and as a result we will / have debited your account according to the Terms and Conditions that you signed when receiving the refund in cash.
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We have received your qualifying Tax Free form and recredited your account. Please note that recredits may be subject to additional fees.
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We have paid your refund by one of the following refund methods:
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We have received your Tax Free form and the refunding process is now complete.
Your refund amount was deducted from the original purchase amount at the time of purchase in the store.
If you have any other queries, please contact our customer services team by providing the details from your Tax Free form(s) on this Tax Free enquiry page https://www.planetpayment.com/en/tax-refund-customer-services/
Whilst several factors from a destination market perspective have contrived in providing a degree of deterrence for tourism, sales to the main Middle Eastern nations also significantly impacted trading conditions in October
30th November 2017
Whilst several factors from a destination market perspective have contrived in providing a degree of deterrence for tourism, sales to the main Middle Eastern nations also significantly impacted trading conditions in October. Sales to this group of nations saw a 26% decline in October, and where sales to Qatari had been the primary factor for fluctuations in sales to this group of tourists in recent months, attributable to the blockade announcement, each of these nations saw a similar level of decline in the month.
The concomitant effects of low oil prices, investments in industries outside of oil to diversify these economies, a weakening dollar, and resources invested in the war in Yemen, which have all stimulated an environment of budget deficits, reduced pay and subsequent squeeze on household incomes, all leading to these nations skirting on the edge of a recessionary environment.
Whilst the advent of the introduction of Value Added Tax in this region in 2018 is expected to boost the coffers and enhance tax free shopping opportunities, domestically, increased prices will likely serve to continue to apply pressure on the propensity to spend. However, the increase in geo-political risk has served to push oil prices up in recent weeks.
To learn more, view our report here.