Are clothes cheaper in Guernsey?
Are clothes cheaper in Guernsey? The advantage with shopping here is that Guernsey, as with all of the other Channel Islands, is exempt from VAT. Therefore, many shops and department stores around Guernsey are often cheaper than you would expect, although local taxes are applied, along with some possible shipping charges.
Are goods cheaper in Guernsey?
The advantage with shopping here is that Guernsey, as with all of the other Channel Islands, is exempt from VAT. Therefore, many shops and department stores around Guernsey are often cheaper than you would expect, although local taxes are applied, along with some possible shipping charges.
Why is there no VAT in Guernsey?
Under this agreement the Channel Islands were not part of the European Union but were part of the customs territory of the union. This meant they did not charge VAT on purchases but there was a free movement of industrial and agricultural goods in trade between the Islands and the Union.
Is Guernsey VAT free?
Guernsey does not operate a VAT or goods and service tax (GST).
Is Guernsey cheaper than UK?
The cost of living in the Channel Islands is 'generally' more expensive compared to the UK or other nearby EU countries.