John Healey ‘targets tax crackdown on online marketplaces’ in first budget

Chancellor John Healey is reportedly planning a tax crackdown on online marketplaces like Amazon and eBay. The move aims to raise up to £1bn for the Treasury by making these platforms responsible for collecting tax owed by retailers selling on their sites.

The announcement is expected in Healey's first budget, as the government looks to boost revenue and tackle tax avoidance.

The change could have significant implications for online retailers and marketplaces, potentially leading to increased compliance costs.