"The OST could be used to fund reductions to business rates for 'brick and mortar' retailers" The government has launched a consultation into the possible introduction of an online sales tax, with one intention being to fund reductions in business rates for those companies that operate walk-in premises. This tax is being presented as a boon for businesses that have suffered enormously during the pandemic rather than a deterrent for online shopping. Is this a question of short-term pain, long-term gain, or will this just be a waste of resources that could be better spent on improving existing regulations?

Posted by Accountants' Club at 2022-03-22 17:30:00 UTC