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News_UKs digital tax impact on tech sector
Finance & Accounting | 3 Min Read

In the news: How will the UK’s digital tax impact the tech sector?

Written by:
Neil Robertson on August 5, 2019

    

LONDON, UK, 5 August 2019In the next year, the way in which technology companies operate in the UK will be transformed greatly with the introduction of a new Digital Services Tax. 

Unveiled as part of the 2018 Budget, the tax will come into force in April 2020 and result in search engines, social media platforms, online marketplaces and other technology companies paying a 2% levy on their revenues. Neil Robertson discusses digital tax in IDG Connect. 

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