October 29 2020
What the 2% Digital Services Tax Means for Online Advertisers
The UK government has announced a digital services tax which will be imposed on digital platform providers including Google, Microsoft, Amazon and Facebook. These organisations will pay an additional 2% tax on their online revenue generated in the United Kingdom that comes into force on 1st November 2020. Businesses who use these advertising services may see prices rise by 2% in line with the tax.