UPDATE 1 — UK finance minister Healey to target online marketplaces in tax crackdown, The Times reports

(Adds details, background throughout) Oct 13 (Reuters) — Britain plans to make online marketplaces including Amazon, eBay and Temu responsible for collecting tax owed by retailers selling on their platforms, The Times reported on Tuesday. Finance Minister John Healey is expected to announce the measure as part of a crackdown on foreign sellers that avoid value-added tax, a move expected to raise up to £1 billion ($1.33 billion) and help fund business rate cuts for physical stores, the newspaper said. The move comes as traditional British retailers have stepped up calls for action against overseas online sellers, arguing that tax and customs loopholes give them an unfair advantage Healey said in June Britain will scrap customs duty relief on low-value imports from October 2028 targeting a tax loophole that benefits online retailers ​such as China's Shein The Treasury declined to comment on The Times report, saying decisions on tax are a matter for Healey to set out at fiscal events. Amazon, eBay, and Temu did not immediately respond to requests for comment The newspaper said online marketplaces would be required to collect VAT at source for business sellers with annual turnover abov