October 19th, 2021.



Rishi Sunak is eyeing an online sales tax again as a way to make things fairer for high street retailers forced to pay much higher business rates compared to tech behemoths.

Treasury officials have their heads down at work on a new online sales tax, figuring out which goods and services would be covered, according to the Daily Telegraph.

The online sales tax might actually involve two new taxes: a levy on all goods bought online and a tax on consumer deliveries.

>See also: Small businesses may have to pay 2% online sales tax

However, nothing is going to be announced in this month’s Budget on October 27, as the Chancellor has already kicked reform of business rates into the long grass – again – saying he needs more time to untangle this knotty problem.


For the full story at smallbusiness.co.uk CLICK HERE.