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The Independent UK
The Independent UK
National
Clara Margotin

eBay chief reacts to proposed new tax on digital platforms

eBay
  • Chancellor John Healey is expected to use the upcoming Budget to require digital platforms to collect VAT directly from all merchants trading on their sites.
  • The proposed tax overhaul aims to raise up to £1 billion to help fund reductions in business rates for physical high street stores.
  • The head of eBay UK, Eve Williams, has warned that the government must shield small domestic businesses from being unfairly disadvantaged by the reforms.
  • Ms Williams called for the tax-free trading allowance to be increased from £1,000 to £3,000 to encourage entrepreneurship and support small business growth.
  • An eBay report revealed high online seller activity in economically lagging areas, urging ministers to place small digital enterprises at the heart of local growth strategies.

IN FULL

eBay boss issues warning to Labour government over online tax crackdown

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