Responding to the news that Philip Hammond is considering 'Amazon tax' for online retailers, John O'Connell, Chief Executive of the TaxPayers' Alliance said:
"It would be wrong to introduce new taxes when the current tax burden is already at a 49-year high and growth is sluggish. What's more, the notion of a level playing field is merely a fig leaf, as a new Tech Tax would actually just make products more expensive for hard-pressed families who rely on cheaper deals online. Why should people buying online have to pay both VAT and a special online tax?
"Online businesses help to drive down costs for consumers and many innovative small businesses have tried to grow online to avoid the expensive brick-and-mortar presence of a shop, so this Tech Tax would in many cases be bad news for the little guy. One of the main reasons high streets are struggling is sky-high business rates, and it's ludicrous to think that the answer to this problem is more taxes elsewhere."
TPA spokesmen are available for live and pre-recorded broadcast interviews via 07795 084 113 (no texts)
Campaign Manager, TaxPayers' Alliance
24-hour media hotline: 07795 084 113 (no texts)