UK taxpayers want higher levies on big tech companies, survey shows
Summary
A survey shows that most UK taxpayers want the government to raise taxes on big global tech companies like Meta, Google, and Amazon. The current digital services tax charges 2% on certain revenues, but many people think it should be higher to make these companies pay more taxes in the UK.Key Facts
- 67% of people surveyed support higher digital services taxes on multinational tech firms in the UK.
- The UK introduced a 2% digital services tax in 2020 for tech companies with significant UK or global sales.
- This tax raised about £800 million for the UK government in 2024-25.
- The tax applies only to a few companies and targets revenues from search engines, social media, or marketplaces.
- Some critics say the tax causes higher prices for users.
- The US, led by President Donald Trump, opposes the tax and has threatened tariffs if the UK does not remove it.
- Three-quarters of Britons prefer to work for or buy from companies that pay their fair share of tax.
- The Fair Tax Foundation has polled about 2,000 UK adults annually and finds consistent strong support for fair tax policies over the past decade.
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