Site icon YCNews

Britain plans to tax companies that profit from the coronavirus pandemic

The United Kingdom launches the world's first human trial for COVID-19

On December 8th local time, the United Kingdom began to vaccinate against the novel coronavirus, giving priority to nursing home personnel, people over 80 years old, and front-line medical and social workers.

February 7th – The British government intends to tax retailers and technology companies whose profits have soared during the coronavirus pandemic.

At present, the relevant plans are under discussion, quoted by Reuters as saying on the Sunday Times on the 7th.

It is reported that the British government has now convened several companies to discuss how to levy online sales tax.

At the same time, a one-time “excess profit tax” is also under development.

The report pointed out that the relevant plan for tax collection may be announced in the second half of 2021.

According to the report, the news of the tax came from a leaked email, but the British Treasury has not yet responded to it.

According to the January 2021 data, the UK government has borrowed about 271 billion pounds in public since the start of the fiscal year in April 2020.

Exit mobile version