Duty Free shopping is available at most large airports around the world but many of us forget about it or don’t even understand how it works. So we are here to help you understand.
What is Duty Free?
‘Duty’ is a tax put upon items once they enter a country. Companies however can sell some of their items ‘Duty Free’ to those who are leaving the country, hence why these stores are at the airport. You can also find these outlets at border controls, cruise ships and even on international flights. You can even get travel gift vouchers now for specific airlines to buy products on the flight.
What products can I save money on?
You can normally save more money on cigarettes, alcohol, perfume but you can also get a saving on fashion items, confectionery, fine foods and souvenirs.
How much could I save?
The level of discount differs depending on the product and the country you are buying it in. Items with a normally high level of duty, such as cigarettes and alcohol, you can obviously expect a much more reduced price. With these items, you could see a saving of 50% whereas with other retail items you could get a saving of 25%.
Beware the laws and limitations
Before you go spending though, make sure you know roughly how much the item should cost you so that you know just how much of a saving you are actually getting.
Also some Governments have limits on how much you can bring back or you have to claim it before you go through customs. Here is the UK Customs rules. Make sure you read them thoroughly if you are planning to purchase a large number of items at the airport.
There also may be monthly restrictions so beware you frequent flyers.
So remember next time you are planning your holiday and saving for spending money, save some for the airport!
What do you buy at the airport before you fly? Let us know…