Content overview: “John Healey Budget Targets £1bn Tax Crackdown on Amazon, eBay Online Marketplaces”. Chancellor John Healey is reportedly planning a major tax enforcement shift in his first budget, holding online marketplaces like Amazon and eBay responsible for collecting taxes owed by third-party sellers on their platforms. The move could raise up to £1 billion for the UK Treasury, addressing a long-standing gap where some overseas or small retailers fail to pay VAT. By shifting the compliance burden to the platforms themselves, the government aims to close the tax gap and level the playing field for high street businesses.
The policy would mark a significant expansion of HMRC’s powers and is expected to face scrutiny from tech giants and trade groups. If implemented, it could reshape how e-commerce operates in the UK and set a precedent for other countries. This listing links straight to the original page, where the content is available in full.