Budget 2018: Government to introduce two per cent Digital Services Tax aimed at Amazon, Facebook and Google

clock • 6 min read

Targeted tax on all UK-derived revenues of internet giants intended to raise £400m from 2020

Chancellor Philip Hammond has announced plans for a Digital Services Tax aimed at online companies trading in the UK with turnover of more than £500 million per year. The tax, levied at two per ...

To continue reading this article...

Join Computing

  • Unlimited access to real-time news, analysis and opinion from the technology industry
  • Receive important and breaking news in our daily newsletter
  • Be the first to hear about our events and awards programmes
  • Join live member only interviews with IT leaders at the ‘IT Lounge’; your chance to ask your burning tech questions and have them answered
  • Access to the Computing Delta hub providing market intelligence and research
  • Receive our members-only newsletter with exclusive opinion pieces from senior IT Leaders

Join now

 

Already a Computing member?

Login

You may also like
Big tech voices opposition to digital competition law in India

Legislation and Regulation

Tech giants fear introduction of EU DMA-style law

clock 18 March 2024 • 3 min read
Google moves point to net zero's growing importance amid AI boom

Green

The tech giant is hiring a person to identify new carbon reduction opportunities

clock 13 March 2024 • 3 min read
Google publishes plans for post-quantum cryptography

Business Software

Secure email firm Tuta has also upgraded its systems to be quantum-proof

clock 12 March 2024 • 3 min read

More on Cloud and Infrastructure

Microsoft the latest to waive cloud egress fees

Microsoft the latest to waive cloud egress fees

TS&CS apply

John Leonard
clock 14 March 2024 • 2 min read
'A lot of confusion': Unpicking SAP's recent changes

'A lot of confusion': Unpicking SAP's recent changes

SAP and Lemongrass talk S/4HANA migration deadlines, RISE and AI

John Leonard
clock 27 February 2024 • 6 min read
Datacentre demand 'a self-fulfilling cycle': National Grid CIO Sarah Milton-Hunt

Datacentre demand 'a self-fulfilling cycle': National Grid CIO Sarah Milton-Hunt

Build better

Tom Allen
clock 21 February 2024 • 2 min read