US tech company’s third-party sellers face a 2% rise in the amount they pay

Amazon will not have to pay the UK’s new digital services tax on products it sells directly to consumers but small traders who sell products on its site will face increased charges.

The government’s new digital services tax, which aims to get tech companies such as Amazon, Google and Facebook to pay more tax in the UK, is forecast to eventually bring in about £500m annually to the exchequer.

Continue reading…

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Roniel Iglesias joins elite Olympic group after beating Pat McCormack to gold

Cuban welterweight has won medals at three Olympics Gold still eludes well-beaten…

Ben Jennings on the rift between Matt Hancock and Isabel Oakeshott – cartoon

Continue reading…

‘Hellish’: parents in England on school life in the shadow of Covid

After a disrupted and stressful term, some say they are counting the…