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 the different forms an OST could take and how to define an online sale reflecting the range of transaction, delivery, and collection options.
This consultation explores these issues and the potential impacts of an OST to help the government assess the case for and against implementing such a tax.
Source: gov.uk
Latest Posts in "United Kingdom"
- Property TOGCs Under the Microscope: Navigating VAT Conditions and HMRC Expectations
- Fintua Sponsors Indirect Taxes Annual Conference 2025 in London (Nov 12)
- VAT Hike Would Cause Biggest Economic Damage, Leading Economists Warn Chancellor
- HMRC Clarifies VAT Treatment of Overage Payments on Land Sales
- VAT Error Correction: Amending Returns, Claiming Refunds, and Avoiding Penalties