Online retailing has been the blind spot for the tax man for some years. It seems however he is just about to wake up and it’s getting some out there rather nervous. Every one seems to have a point. Bricks and mortar retailers say they are losing out – that’s true. On-line retailers think that by not taking up a physical space puts them in a privileged situation – that true.
Let’s not get into politics about whether the chaps in Westminister are actually worthy of spending taxpayer’s money but someone has to define what is going to be the even playing field. My main fear is that it will be the consumer that suffers as on-line retailers have to claw back their extra taxes from us. The scene has already been cleverly set for the likes of Amazon marked as the bad guys for avoiding tax, and shamefully the powers that be will not be afraid of using this to drum up popular support.