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Tech-tax for Digital Giants Announced in British Budget

Britain's last budget before Brexit includes a new tech-tax for digital giants like Google and Faceb...
TodayFM
TodayFM

11:28 PM - 29 Oct 2018



Tech-tax for Digital Giants An...

News

Tech-tax for Digital Giants Announced in British Budget

TodayFM
TodayFM

11:28 PM - 29 Oct 2018



Britain's last budget before Brexit includes a new tech-tax for digital giants like Google and Facebook.

It would see successful companies taxed 2% on money made from UK users from April 2020.

British Chancellor Philip Hammond ended his budget speech saying unforseen growth meant austerity was coming to an end for Britain.

But UK Labour Leader Jeremy Corbyn wasn't impressed, calling it a "broken promise Budget".



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