Why Britain’s tech tax is the first step in the digital crackdown
The TelegraphTo keep the balance, the committee had suggested a number of options. Consider cutting business rates, it said, but also look at introducing things such as a sales tax, an increase in VAT, an online sales tax, and “green taxes” on deliveries and packaging. He added: “We must ensure the tax system raises sufficient revenue for our vital public services.” It is not just an online sales tax which appears to be on the table. There is room for discussion around the best way forward, says Chris Sanger, head of tax at EY: “I don’t think we’re in a position where this is a fait accompli.” For one thing, there are questions over how this will affect customer behaviour and how to stop costs being passed on to customers – something retailers this past week have warned over. The Secretary of State said: “Our clear priority must be growth, using tech to power us out of the recession, to drive productivity and create jobs in all parts of the tech industry, region by region, and in all parts of our economy.” Many within the tech industry are now asking how this aligns with further hitting companies which have digitised and moved their operations online.
History of this topic
‘Amazon tax’ to save Britain’s high streets under consideration by Reeves
The Independent
Government price tag for making tax digital has ballooned, report warns
The Independent
Almost £14bn business rates relief welcomed as online sales tax scrapped
The Independent
Bitcoin exchanges face digital tax raid
The Telegraph
US threatens tariffs on UK goods in strike back against British raid on tech giants
The Telegraph
Treasury urged to tighten up Digital Services Tax on Amazon
The Telegraph
Treasury denies digital services tax could be scrapped in US trade talks
The Telegraph
In wake of Covid-19 it’s time to force the tech giants’ hands on tax
The Independent
UK budget: tax on digital services starts April 1
CNNAmazon, Facebook and Google hit back at tax on digital companies' sales, warn of trade wars
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