PARLIAMENTARY WRITTEN QUESTION
Digital Technology: Taxation (23 October 2024)

Question Asked

To ask the Chancellor of the Exchequer, whether she has made a recent assessment of the potential merits of increasing the Digital Services Tax.

Asked by:
Manuela Perteghella (Liberal Democrat)

Answer

The Chancellor set out her plans on tax at the Budget. The Digital Services Tax (DST) is a 2% tax on digital services providers, and it was implemented in April 2020 as a temporary solution to widely held concerns with international corporate tax.

The UK remains committed to reaching a global solution on the taxation of the digital economy through Pillar 1 of the G20-OECD Inclusive Framework project. It is the UK’s intention to repeal the DST when this international solution is in place.


Answered by:
James Murray (Labour)
31 October 2024

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