14 Hrs
Source:
The Guardian
John Healey Plans Tax Crackdown on Online Marketplaces
The chancellor is expected to announce a tax crackdown on online marketplaces like Amazon and eBay, making them responsible for collecting VAT from retailers on their platforms, especially foreign sellers avoiding taxes. These changes aim to generate up to £1 billion for the Treasury and will fund reductions in business rates for high street shops. The announcement is part of efforts to support small retailers and address financial pressures ahead of the upcoming budget.
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