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John Healey ‘targets tax crackdown on online marketplaces’ in first budget

World 1 source 1 country 🔦 Under-reported 42m ago

In his upcoming first budget, Chancellor John Healey is reportedly preparing a tax crackdown targeting major online marketplaces such as Amazon and eBay. The proposed policy would shift the responsibility for collecting taxes owed by third-party retailers directly onto the platforms themselves. This measure is projected to generate up to £1 billion in additional revenue for the Treasury. The initiative reflects a broader effort to ensure tax compliance among international digital retailers operating within the United Kingdom.

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Read the full story at the source The Guardian World · GB ↗
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