UK’s Sunak delays business rates review until autumn – FT By Reuters

(Reuters) – UK Finance Minister Rishi Sunak will on Friday announce he is delaying until later this year a final report on a review of business rates, a key part of his promise to “level the playing field” between the high street and online retailers, the Financial Times reported on Thursday.

The chancellor will argue that postponing the report, which will consider the case for an online sales tax, to the autumn will allow him to make decisions when the economic uncertainty caused by the pandemic has receded, the report https://on.ft.com/2Zv1EyM added.

Sunak’s office was not immediately available for a request for comment.