UK tech tax comes into force

Posted on 06 Jan 2014
Share Blog Post
Tech tax comes into force The UK’s digital services tax has come into force, with the levy to apply to revenues generated by social networks, search engines and online marketplaces. The 2% tax, which affects profitable companies which generate more than £500m a year in global revenues, will apply to any revenues generated through advertising to British users or revenues made through facilitating transactions. Firms liable for the levy will not need to make any payments until 2021, with the Treasury recently telling companies that it does not anticipate any to need to register and pay the tax "for some time".

View more blog posts

Tax system too complex
Posted on 12 Feb 2025
Tax system too complex
read more
UK stifles entrepreneurs
Posted on 05 Feb 2025
UK stifles entrepreneurs
read more
SME confidence plunges
Posted on 28 Jan 2025
SME confidence plunges
read more
Plea to cut taxes
Posted on 22 Jan 2025
Plea to cut taxes
read more
Back To Top
01604 660661