Government
Chancellor considers Amazon tax in bid to boost British high streets
According to The Telegraph, industry sources have suggested that Reeves could launch a consultation on the proposed tax raid after her first budget later this month
Chancellor Rachel Reeves is reportedly mulling plans to impose higher taxes on Amazon as part of a shake up that aims to level the playing field between online giants and in-store retailers. According to The Telegraph, the chancellor is believed to be reviewing the business rates paid by companies like Amazon, and could scrutinise how much tax Amazon’s warehouses pay compared to high street stores.
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