Online sales tax 'would punish British SMEs', Amazon warns Treasury

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Online sales tax 'would punish British SMEs', Amazon warns Treasury
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The world's biggest online retailer has told ministers that a levy on digital sales would harm the small businesses which trade on its platform, Sky News learns.

EBay was among the other companies to warn of a negative impact on SMEs if a new tax is introduced, according to people briefed on the meeting.

Amazon declined to comment on the meeting or to provide a statement on its views about an online tax."The purpose of the recent consultation was to consider the design options and economic impacts of such a tax, and explore the arguments for and against." Industry figures believe there is broad agreement across both online and physical store-owners that business rates need urgent and radical reform.

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