Tag Archives: tax

Will tax stifle digital revolution?

The Government’s plans to fund the spread of high speed broadband through taxation is unfair – and could put games’ potential digital renaissance in jeopardy. That was the view from Shadow Culture Minister Ed Vaizey this week, speaking ahead of his keynote address at London Games Conference on Tuesday (October …

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Government cracks down on VAT loophole

Some of the UK’s largest retailers face a potentially damaging Government crackdown on the sale of VAT-free entertainment goods shipped through the Channel Islands. Online divisions of HMV, Tesco, WH Smith, Asda, Argos, Amazon, Play.com and Woolworths.co.uk currently dodge millions of pounds of tax on CDs, DVDs and games that …

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Tesco wants VAT increase delay

Supermarket giant Tesco has called on the Government to delay a rise in VAT scheduled for January 1st, according to this report on the Daily Telegraph. Set to increase from 15 per cent to 17.5 per cent, VAT was cut in November in a move to combat the recession. Many …

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DIGITAL BRITAIN: Broadband tax on the way

All people who have a copper telephone landline will soon see an additional 50p added to their monthly bills following the government’s announcement of a 6 per year charge that will fund Britain’s future superfast broadband network. Parliament has stated that its intention is for every UK household to have …

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