0
Broadband

UK govt moves forward with introduction of 2% Digital Services Tax

Thursday 12 March 2020 | 11:38 CET | News
The UK tax office, HMRC, has confirmed the introduction of a new 2 percent digital services tax from 01 April 2020. This will be applied on the revenue of international search engines, social media services and online marketplaces deriving value from UK users.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Internet
Countries: United Kingdom
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Google passes on costs of UK digital services tax to advertisers

Published 02 Sep 2020 14:40 CET | United Kingdom
Google has confirmed plans to pass on the costs of the UK's new digital services tax to advertisers, reports The Telegraph....

UK Chancellor considers online sales tax to help High Street

Published 28 Jul 2020 15:05 CET | United Kingdom
UK Chancellor Rishi Sunak is considering introducing an online sales tax in England and Wales to help protect high street ...

IBM advises US govt not to retaliate against digital services taxes

Published 20 Jul 2020 15:52 CET | World
IBM has broken ranks with other US technology companies by urging President Trump not to retaliate against the UK and other ...

France could face US trade sanctions from January in digital tax row

Published 14 Jul 2020 08:11 CET | France
The office of the USTR (US Trade Representative) issued a notice of action announcing sanctions in the form of additional duties ...

Belgian govt mulling plan for digital tax for big internet firms

Published 17 Jun 2020 16:54 CET | Belgium
The Belgian government is considering a tax on large internet companies, Datanews reported. The Finance Committee in the Belgian ...

OECD head warns of global trade war risk unless countries agree digital tax approach

Published 12 Jun 2020 10:40 CET | World
The Secretary-General of the OECD, Angel Gurria, has warned that countries need to agree on an approach for taxing global digital ...

UK govt announces new measures to boost digital trade

Published 10 Jun 2020 16:35 CET | United Kingdom
The UK's International Trade Secretary, Liz Truss, has announced new measures to boost digital trade and establish the UK ...

NUJ proposes windfall tax on tech groups to support news media through Covid-19 crisis

Published 17 Apr 2020 15:59 CET | United Kingdom
The National Union of Journalists (NUJ) has called on the UK government to impose a windfall tax on technology giants to help ...

Google's UK staff bill passes GBP 1 billion in year to June 2019

Published 07 Apr 2020 11:49 CET | United Kingdom
Google's UK staff bill reached GBP 1.04 billion (wages and share scheme) for the year to end-June 2019, up 25 percent from GBP ...

CCIA expresses disappointment as UK Digital Services Tax comes into force

Published 02 Apr 2020 11:15 CET | United Kingdom
The US Computer & Communications Industry Association (CCIA) has reiterated its opposition to the UK Digital Services Tax, which ...

US, OECD pressure UK govt to abandon digital services tax plans

Published 22 Jan 2020 11:08 CET | United Kingdom
The UK government is set to risk angering the US by pressing ahead with plans for a new digital tax, reports the Financial Times....

Boris Johnson supports digital tax plans despite US threats

Published 04 Dec 2019 15:06 CET | United Kingdom
UK Prime Minister Boris Johnson has pledged to press ahead with plans to impose a digital sales tax on major online companies ...

Google CEO insists that countries must work together on digital sales tax plans

Published 29 Sep 2019 21:03 CET | World
Google CEO Sundar Pichai believes that plans by countries, such as the UK, to act alone and impose a digital services tax on ...

UK presses ahead with Digital Sales Tax plans

Published 12 Jul 2019 11:29 CET | United Kingdom
The UK Government is pushing ahead with plans for a digital sales tax by publishing draft legislation to introduce a new Digital ...