Rachel Reeves is exploring plans to impose higher taxes on Amazon as the government races to support Britain’s ailing high streets. The Chancellor is believed to be considering increasing the business rates paid by online tech giants as part of a wider shake-up on property taxes.
Read the full article on The Telegraph website
NAM Implications:
- The issue is not collecting the money…
- …but ensuring it is invested in propping up the High Street.
- Which would be a real ‘first’ for UK government…
