Digital Services Tax

From April 2020, the government will introduce a new 2% tax on the revenues of search engines, social media platforms and online marketplaces which derive value from UK users.

Call 01603 624812 or email enquiries@berry-warren.co.uk

From April 2020, the government will introduce a new 2% tax on the revenues of search engines, social media platforms and online marketplaces which derive value from UK users. However, this only applies when the group's worldwide revenues from these digital activities are more than £500m and more than £25m of these revenues are derived from UK users.

Jesse Norman, Financial Secretary to the Treasury and Paymaster General, said:

'The UK has always sought to lead in finding an international solution to taxing the digital economy. This targeted and proportionate Digital Services Tax is designed to keep our tax system in this area both fair and competitive, pending a longer term international settlement.'

Internet links: GOV.UK news GOV.UK publications

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Berry & Warren is a trading name of Berry & Warren Ltd.

Berry & Warren Ltd, 54 Thorpe Road, Norwich, Norfolk NR1 1RY
Also at: 10 Fairland Street, Wymondham, Norfolk NR18 0AWTel: 01953 604707 Fax: 01953 600629

Directors: D.J. Mann F.C.A., A.T.T., J.C Woodcock F.C.A., T. Chapman F.C.A.

Registered Auditor. Details about our audit registration can be viewed at www.auditregister.org.uk under reference number C002589552.

VAT Registration: 992508487 Company number: 06272957 Registered in England & Wales.

Latest news

02 Aug 2019

From April 2020, the government will introduce a new 2% tax on the revenues of search engines, social media platforms and online marketplaces which derive value from UK users. However, this only applies when the group's worldwide revenues from these digital activities are more than £500m and more than £25m of these revenues are derived from UK users.

Jesse Norman, Financial Secretary to the Treasury and Paymaster General, said:

'The UK has always sought to lead in finding an international solution to taxing the digital economy. This targeted and proportionate Digital Services Tax is designed to keep our tax system in this area both fair and competitive, pending a longer term international settlement.'

Internet links: GOV.UK news GOV.UK publications

Contact Details

Please call:
01603 624812

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