PoliticsNotableReportedDeveloping
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UK Finance Minister to Fund Budget via Taxes, Cuts, Not Borrowing
Dagens IndustriLO·GB·about 20 hours ago
UK Chancellor John Healey is reportedly preparing to make online marketplaces like Amazon and eBay responsible for collecting VAT owed by third-party retailers, potentially raising up to £1bn for the Treasury. The measure, expected in his first budget, shifts tax compliance burden to platforms. If confirmed, it marks a significant policy shift in UK tax enforcement, though details and timing remain unconfirmed.