Tesco urges Chancellor to introduce two per cent online sales tax to help high street
is looking at the huge impact of changes to business rates policy as well as alternatives to the property-based tax.
Robert Hayton, the head of UK business rates at property advisers Altus Group, welcomed Tesco’s proposal. He said: “There is now an overriding consensus of opinion that the tax playing field must be levelled, given the tax-to-turnover ratio disparity, whilst the proposal ensures additional revenue is ring-fenced for the good of the entire sector.
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