- Chancellor John Healey is expected to use the upcoming Budget to require digital platforms to collect VAT directly from all merchants trading on their sites.
- The proposed tax overhaul aims to raise up to £1 billion to help fund reductions in business rates for physical high street stores.
- The head of eBay UK, Eve Williams, has warned that the government must shield small domestic businesses from being unfairly disadvantaged by the reforms.
- Ms Williams called for the tax-free trading allowance to be increased from £1,000 to £3,000 to encourage entrepreneurship and support small business growth.
- An eBay report revealed high online seller activity in economically lagging areas, urging ministers to place small digital enterprises at the heart of local growth strategies.
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