The Independent·3 min read·medium
Burnham’s tax plan to save Britain’s high street ‘could cost £880m a year’
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Henry Saker-Clark✦AI Summary
Former Manchester mayor Andy Burnham has proposed a tax reform plan to support small high street businesses by increasing the threshold for business rates relief. The policy, which could cost £880 million annually, would be funded by higher property taxes on large online retailers like Amazon.
The policy could exempt more than 140,000 additional small high street firms from paying business rates altogether
politicsbusinesseconomy
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