Sunak ponders online sales tax to raise £2bn
Chancellor Rishi Sunak is considering an online sales tax to raise £2bn a year and level the playing field between digital and high street businesses.
Ideas being considered include the imposition of a 2% levy on online sales and a charge for online deliveries, newspapers have reported.
Sunak aims for an online tax to generate a “sustainable and meaningful revenue source for the government” and help embattled bricks-and-mortar retailers to compete, according to The Times.
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