ALBA Party leader and former first minister Alex Salmond has called for an “excess profits tax” for companies that have experienced a surge in profits during the cost of living crisis and lockdown.
Over the last year, Amazon’s UK business rates tax to turnover ratio was just 0.37% – while for a small business it can be 10% or more.
Salmond said that the biggest challenge the UK Government face in the new year is to drive down costs to get inflation under control.
