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Amazon slammed for paying lower rates than shops

by LLB Editor
8th Feb 21 10:19 am

Amazon has come under fire for paying less in business rates than British bricks and mortar retailers.

Amazon’s overall business rates bill for 2020-2021 is estimated by researchers to be £71.5m – just 0.37% of its retail sales.

Its financial results showed that UK sales for 2020 totalled $26.5bn (£19.3bn) – a 51% jump from $17.5bn in 2019.

A Treasury spokesman said: “We want to see thriving high streets, which is why we’ve spent tens of billions of pounds supporting shops throughout the pandemic and are supporting town centres through the changes online shopping brings.

“Our business rates review call for evidence included questions on whether we should shift the balance between online and physical shops by introducing an online sales tax. We’re considering responses now.”

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