Digital services tax next year is 'step in right direction', says BA

Digital services tax next year is 'step in right direction', says BA

The UK government's decision to impose the digital services tax on big tech companies next April has been branded "a step in the right direction" by the Booksellers Association. The Publishers Association also welcomed the development.

The government has published draft legislation for the next finance bill and included a new 2% tax, to be introduced on 1st April 2020. The tax will apply to firms with digital revenue of more than £500m, when more than £25m is earned from UK users. The levy is expected to raise £400m for the Treasury each year by 2021.

BA m.d. Meryl Halls welcomed the tax ...

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