The chief executive of Britain’s fourth biggest supermarket, which is launching a joint venture with Ocado in the new year, has said that the tax imbalance between internet and high street retailers is illogical and is damaging Britain’s town centres. He has joined other top retailers in demanding a sales tax on online retailers.
“We’re moving into the online space, so we’ll have to pay our contribution,” Mr Philips told The Daily Telegraph. “As a country, we need to look at how we’re going to tax retailers in general wherever they operate, because we’ve all got to contribute to society, but one can’t be disadvantaged over the other.”
They\’re talking about the fact that as bricks and mortar retailers pay business rates then therefore internet retailers should be hit with some sort of tax.
But internet retailers also pay business rates. They just use a lot less land than bricks and mortar retailers. And given that business rates are, to a close approximation, a tax upon the use and position of land, it\’s right that those who use less and less valuable land should pay less in tax upon the land being used.
This is just the incumbents looking for protection against their competition. Fuck \’em.