Rishi Sunak considers online sales tax in bid to save high street

[AtW]

“ Rishi Sunak is considering a new tax on goods sold online amid mounting concern about the collapse of the high street as Britain emerges from the coronavirus crisis.

The chancellor is examining proposals for an online sales tax to provide a “sustainable and meaningful revenue source for the government” and help bricks-and-mortar retailers to compete.

In a call for evidence published last week, the Treasury highlighted concerns that business rates were effectively penalising the high street because online rivals did not need to rent “high-value” properties.”

Rishi Sunak considers online sales tax in bid to save high street | News | The Times

Slightly higher VAT on online sales would have been easy and sensible but they promised no VAT increases but not taut they don’t creat new taxes that look very much like VAT or NICs

Counting for malvolio to say that Labour would have done it too: 1, 2, 3...

[AtW]

“ The second would be a mandatory charge on consumer deliveries, which would form part of a campaign to cut congestion and toxic emissions. There are concerns, however, that both approaches could lead to higher costs for consumers.”



FFS, they want to add a new tax on revenue (!) and concerned it will be passed on?

[DealorNoDeal]

“ The second would be a mandatory charge on consumer deliveries, which would form part of a campaign to cut congestion and toxic emissions. There are concerns, however, that both approaches could lead to higher costs for consumers.”



FFS, they want to add a new tax on revenue (!) and concerned it will be passed on?

Is getting stuff delivered worse for congestion and emissions than people travelling to shops?

[Whorty]

Not completely unreasonable, certainly something needs to happen to level the playing field. This is just one side of the problem - this solution is only helping the government and not the high street traders. What needs to happen is this extra revenue needs to be pumped back into to high streets via lower rates and removing car parking charges to encourage shoppers.

But then, people have been saying this for decades so I won't hold my breath about any government supporting the high street.

[darmstadt]

And then Amazon will come along and say that they will pay more taxes and this will get thrown out the window....

[fullyautomatix]

Bunch of useless twats making things up as they go along. Sunak character, who is just a junior minister, makes things up as and when InfoSys comes up with a plan that helps them ship cheap resources from India.

[Old Greg]

It's like an Industrial Revolution machine tax to protect cottage industries. Better to manage the transition to post retail towns.

[northernladuk]

Bunch of useless twats making things up as they go along. Sunak character, who is just a junior minister, makes things up as and when InfoSys comes up with a plan that helps them ship cheap resources from India.

Well we know where to go when we need new mods then.

[Mordac]

“ Rishi Sunak is considering a new tax on goods sold online amid mounting concern about the collapse of the high street as Britain emerges from the coronavirus crisis.

The chancellor is examining proposals for an online sales tax to provide a “sustainable and meaningful revenue source for the government” and help bricks-and-mortar retailers to compete.

In a call for evidence published last week, the Treasury highlighted concerns that business rates were effectively penalising the high street because online rivals did not need to rent “high-value” properties.”

Rishi Sunak considers online sales tax in bid to save high street | News | The Times

Slightly higher VAT on online sales would have been easy and sensible but they promised no VAT increases but not taut they don’t creat new taxes that look very much like VAT or NICs

Counting for malvolio to say that Labour would have done it too: 1, 2, 3...

Very 'convenient' now tens of thousands are facing 2 weeks of online shopping and home deliveries thanks to quarantine changes. Coincidence?

[elsergiovolador]

It's like taxing cars to help carts and horses...