UK warehouse operators criticise business rates tax rise

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Chancellor says he is tackling ‘bricks v clicks’ imbalance with bigger increase for online operators

The UK’s warehouse sector has criticised a business rates tax rise targeted at online retailers such as Amazon as the chancellor used the levy to “soften the blow” for high street shops.

The government said the measure in Jeremy Hunt’s autumn statement on Thursday was tackling the “bricks v clicks tax imbalance” by raising big warehouse operators’ rates bill by 27%, and rates for retailers by 20%.

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 ALL Credit of this post going to https://www.theguardian.com

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