TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All News
of of All News
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Government to Abolish 6% Equalisation Levy on Online Ads by April 2025, Aiming to Ease US Tensions</h1> The government plans to abolish the 6% Equalisation Levy on online advertisements from April 1, 2025, as part of amendments to the Finance Bill. This move aims to reduce the tax burden on digital advertisers and platforms like Google and Meta. Initially imposed in 2016, the levy was extended to e-commerce in 2020 but was partially abolished in 2024. The removal is seen as an effort to ease tensions with the US, which has threatened reciprocal tariffs. Additionally, amendments propose easing offshore fund investments and clarifying tax assessments related to undisclosed income.
TaxTMI 
TaxTMI 
