Reply to post: It is not just lost VAT ...

Amazon and eBay agree to expose potential VAT evaders for UK tax man

alain williams Silver badge

It is not just lost VAT ...

but since they can charge 20% less than a native vendor (ie UK based who does pay VAT) they can undercut them and so UK jobs, etc, are lost. Thus the true loss to the UK is much more than the £1.5 billion VAT.

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