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Amazon says small businesses will pay price for digital tax services

Ene, 16, 2023 Hi-network.com

Internet giant will pass cost of 2% digital tax imposed by UK government onto small business. In fact, The UK government's 11 March Budget is expected to include a digital services tax, which will charge a two per cent levy on the UK revenue of technology companies. Amazon says the 2% digital services tax expected to be introduced in March's Budget will not hit its UK investment plans, but could increase costs for small firms using its sales and delivery platform. To decrease the tax effect, Amazon will offload an additional costs by raising charges for the small businesses that use its platform.
 

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