Digital Technology: Taxation

(asked on 23rd October 2024) - View Source

Question to the HM Treasury:

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 Portrait
James Murray
Exchequer Secretary (HM Treasury)
This question was answered on 31st October 2024

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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