UK 2% online sales tax proposal
- Feb 8, 2021 | Richard Asquith
The UK is reported as considering a 2% online sales tax on ecommerce sellers and marketplaces to help support struggling high-street retailers. This could mean a turnover tax on online sales to UK consumers, and be on top of the 2% Digital Services Tax launched April 2020. Such as tax has many challenges, and would likely be passed on to consumers.
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Researching UK VAT legislation is the first step to understanding your VAT compliance needs. Avalara has a range of solutions that can help your business depending on where and how you trade.