Commons Sense

Hansard-based summaries and metrics

Taxation of Online Sales 2020-03-24

2020-03-24

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Questions & Answers

Q1 Direct Answer
Duncan Baker Con
North Norfolk
▸ Context
Discussion on the need for a review of how online sales are taxed to support high street retailers moving towards an increasingly digital business model.
What steps is he taking to review the taxation of online sales to support the high street, noting that many high streets will be impacted by coronavirus and proposing a VAT-style tax rise upon recovery?
Jesse Norman (The Chancellor of the Exchequer)
A change would require careful consideration given that many retailers are transitioning online; business rates review underway for detailed examination; Government has supported high streets with significant measures including £3.6 billion towns fund and business rate cuts.
▸ Assessment & feedback
Response accuracy