Net-a-Porter declares opposition to online retail tax

Net-a-Porter is hitting back at a campaign by retailers including Sainsbury's, Morrisons and Topshop to introduce an online sales tax, by declaring its opposition to the proposals.

Net-a-Porter: adds its opposition to proposed online sales tax
Net-a-Porter: adds its opposition to proposed online sales tax

The online fashion retailer has confirmed its opposition to the tax in the same week that companies including Ocado and Shop Direct wrote an open letter to chancellor George Osborne blasting the tax proposals as "nonsense".

Mark Sebba, Net-a-Porter chief executive, was initially listed as a signatory on a draft version of the open letter, but his name was not included on the final version.

It is understood Net-a-Porter agreed with the content of the letter, but could not approve final sign-off because its senior management were travelling to the US at the time.

The open letter to the chancellor sympathised with bricks-and-mortar retailers wanting lower business rates on stores, but labelled as "nonsense" plans to shift the burden onto online retailers via a new tax.

Justin King, chief executive of Sainsbury’s, kicked off the debate last month by accusing the Government of creating an "unlevel playing field" due to the discrepancies caused by tax paid as part of high-street retailers’ business rates, which are based on property rents.

Become a member of Campaign

Get the very latest news and insight from Campaign with unrestricted access to campaignlive.co.uk , plus get exclusive discounts to Campaign events

Become a member

Looking for a new job?

Get the latest creative jobs in advertising, media, marketing and digital delivered directly to your inbox each day.

Create an alert now

Partner content