2020 has been a tumultuous year with the tail end of the Brexit Transition Agreement with the EU fast approaching, COVID-19 impacting every business and consumer in the UK and around the world and economy taking a massive hit from the pandemic. Another key area is the debate about Online Sales Tax where there is already a Treasury Call for Evidence. eBay want to make sure your voice is heard and have just launched an eBay SME Sentiment Survey to gather opinions.
Some large high street retailers have been lobbying hard more heavily than offline retail often with the argument that it’s essential to rebalance taxation to save the high street. Often in the argument, the finger is pointed at Internet giants but any tax changes would also impact smaller businesses and many of these trade on the high street or from smaller retail units.
The views of small online businesses tend not to get heard as much as the large retail businesses and eBay want to address this and make sure that your views are heard, especially around the possibility of a move to tax online shopping. This is different from the debate about Digital Services Tax which eBay already pays on its UK seller fees. An Online Sales Tax would be paid by small retailers and of course the end consumer.
It’s important that small retailers make their voice heard with policy-makers in the UK and eBay can only help you with this if you complete the eBay SME Sentiment Survey.
The eBay SME Sentiment Survey asks questions about what is impacting your business and how you think it will be impacted over the next few months including whether you expect sales to increase or decrease and job creation – will you take on more staff or be forced to let some go. It also asks specifically if the government were to tax online shopping what the impact to your business would be and if you could absorb the tax or if you would be forced to pass it on to consumers.
You can complete the eBay SME Sentiment Survey here and we would encourage you to do so to make sure your opinions are heard.