Digital Services Tax
The question
To ask the Chancellor of the Exchequer, whether she has made a recent assessment of the potential merits of increasing the Digital Services Tax.
Answered by James Murray
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.
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