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

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Chancellor Philip Hammond. Stock photo
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Chancellor Philip Hammond. Stock photo

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 cent...

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