Retailers urge Reeves to scrap tax break for e

Retailers ramp up pressure on Reeves to scrap tax break for e-commerce rivals Retailers have urged Rachel Reeves to “revitalise the high street” by speeding up plans to close a tax break which they say unfairly favours Chinese e-commerce rivals. High street giants like Next, M&S and Primark have urged the Chancellor to impose a £2.60 flat fee on small parcels to rebalance a system which they say gives an unfair advantage to overseas operators like Temu and Shein. Under existing rules, overseas sellers avoid paying import tax when shipping goods worth less than £135, under the “de minimis” threshold…