Online retailers failed to pay up to £1.5bn in VAT last year, says watchdog

[Tony]

Guardian Consumer Affairs

HMRC saw more than a billion pounds in revenue lost last year in sales tax not paid by retailers outside the EU, report finds HMRC’s failure to collect VAT from online retailers outside the EU lost taxpayers up to £1.5bn last year, according to Whitehall’s spending watchdog. The National Audit...

Online retailers failed to pay up to £1.5bn in VAT last year, says watchdog (external link to Guardian Consumer Affairs)