Labour unease builds over suggestions ministers could axe digital tax on tech giants

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Nina Warhurst told James Murray his party was "out of touch" with ordinary people.

The German digital association Bitkom warns against the introduction of a digital tax in the European Union in response to the aggressive trade policy of US President Donald Trump. Such a tax would inevitably increase the costs for users in Europe and also meet the commercial customers. Other associations, however, argue in favour. "The colliery of such a trade war shifted into the digital space would then pay the local companies, administration…

Labour unease builds over suggestions ministers could axe digital tax on tech giants

Backbench MPs criticise the optics of potentially slashing the tax bill paid by global tech firms like Google, Meta, and Amazon, at the same as cutting the welfare bill by billions of pounds. One says the move would look "absolutely horrific".

Labour won't rule out tax break for Trump-friendly tech giants amid tariff update

A minister has refused to rule out giving tech giants a tax break in a bid to exempt Britain from US tariffs – after Donald Trump announced new…

Labour unease builds over suggestions ministers could axe digital tax – khbrknews

Labour MPs have expressed concern about potential plans to cut or scrap a tax paid by tech giants to stave off the threat of Donald Trump’s tariffs. The chancellor and business secretary have both left the door open to possibly abolishing the 2% levy on the online revenues made in the UK by companies including Facebook, Google, and Amazon. Politics live: Date set for by-election The idea has been mooted as a means to avoid further tariffs from M…