COMMENT: Slapping a new tax on supermarkets won’t help small businesses or shoppers

July 30, 2014 3:48 PM

Dia Chakravarty wrote for the Conservative Home website this morning, slamming the proposals to implement a new tax on supermarkets.

Twenty councils, led by Derby City, are calling for the right to impose a tax on large supermarkets, supposedly to be reinvested in the community and help small businesses. Retail outlets with a rateable value of over £500,000 would have to pay an extra business levy of up to 8.5 per cent.

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