Future High Streets Fund

Part of Housing, Communities and Local Government – in the House of Commons on 4th March 2019.

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Photo of Jake Berry Jake Berry Parliamentary Under-Secretary (Housing, Communities and Local Government)

The Government have been clear that online taxation in retail needs to be done as part of an international agreement, but we have also been clear that, if we cannot get such an agreement, we will come forward with our own 2% tax on online retail to ensure that we can continue, as we did in the last Budget, to give relief to those retailing on our high streets.[This section has been corrected on 4 March 2019, column 8MC — read correction] This year, we have already slashed a third off the business rates of shops with a rateable value of under £51,000.