author_orbitax
Orbitax

Share This Article

UK HM Treasury Launches Consultation for Online Sales Tax to Help Rebalance Taxation of the Retail Sector

01 March 2022

|

Proposed Changes

|

United Kingdom

UK HM Treasury has announced the launch of a public consultation to assess whether Online Sales Tax could address the tax imbalance reported by the retail sector, including a possible percentage of revenue approach or a flat fee per order approach. The consultation closes at 10 am on 20 May 2022. --- Online Sales Tax: Policy Consultation Consultation description This is an open consultation, exploring the proposal for an online sales tax (OST) as a means to rebalance the taxation of the retail sector between online and in-store retail. Questions exist over many areas of any potential OST. These include...