Displaying items by tag: Digital services tax

The UK has introduced a 2% digital services tax on the revenues that certain digital businesses earn from 1 April, in its 2020 budget which was presented to Parliament on Wednesday. Also announced was an increase of £22 billion in public sector research and development spending.

Published in Government Tech Policy

The UK has become the first country to slug big technology firms with a tax based on revenue, with the Chancellor Phillip Hammond introducing a digital services tax from April 2020 onwards.

Published in Government Tech Policy

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