Today news
About the same in other media
UK business rates review may tax streaming services and online goods
Reading now: 663
Streaming services, such as Netflix and Spotify, online newspapers, ebooks and items reserved online but picked up in stores could be subject to a new online sales tax if ministers give it the green light.
In a long-anticipated final report on a review of business rates the Treasury said it would shortly launch a consultation on a new tax for online goods and services which was expected to conclude next year.
Should an online sales tax be pursued, the report said “design choices” would need to be made on what should be taxable, including digital products, sales agreed via email or instant message, and essentials such as most foods, medicines and children’s clothes, which currently do not attract VAT.
But the consultation added that it was
Read more on theguardian.comAbout this in other media
Scotland’s bottle and can deposit scheme set to be delayed again theguardian.com /3 years ago
Cineworld revenues pass pre-Covid levels thanks to Bond, Dune and Venom theguardian.com /3 years ago
Shell to move HQ and tax home from Netherlands to UK theguardian.com /3 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
