The U.K. government is maintaining its commitment to introduce a digital services tax in three weeks.
Chancellor Rishi Sunak didn’t mention the DST in his budget speech on Wednesday, but it is included in the accompanying budget document.
The government announced tax deferral measures and freezes on business property taxes for retail, leisure, and tourism to reduce the economic impact of the coronavirus.
The budget also contained promises to:
- Keep the corporate tax rate at 19%.
- Introduce a tax of 200 pounds per metric ton (about $235/ton) on plastic packaging that doesn’t contain at least 30% recycled plastic content. ...
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