Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what steps he is taking with his international counterparts to ensure that internet-based businesses pay an adequate level of tax in the UK.
Ensuring that digital businesses pay their fair share of tax in the UK is a priority for the Government.
The Government is actively working on a multilateral solution to ensure that digital businesses pay an appropriate level of tax in the countries in which they operate.
Pending that solution, the Government is introducing the digital services tax from April 2020; a 2% tax on the UK revenues of social media platforms, online marketplaces and search engines.