Chancellor to delay decision on UK online sales tax

Rishi Sunak

Source: Number 10

Chancellor of the exchequer Rishi Sunak is set to delay any final decision on a UK online sales tax to the autumn and will take his lead from whether the US supports the reform.

Sunak wants to wait until president Joe Biden decides on whether the US will support global efforts to reform digital tax rules being led by the Paris-based Organisation for Economic Co-operation and Development (OECD), according to the Financial Times

The chancellor is set to publish a range of different tax consultations along with a summary of responses to his review on the future of business rates. 

 

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