The Finance Act 2020 became law on 22 July, 2020. This Act retrospectively introduced the UK’s Digital Services Tax (DST), which is to apply from 1 April, 2020.
The 2020 Budget confirmed that the DST will come into force on royal assent of the Finance Bill 2019/2020 and will apply to revenues generated from 1 April 2020. On 19 March 2020, the UK issued updated draft legislation and guidance in respect of the tax.
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