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Online taxi, food delivery firms face steep 6pc tax in new plan
In its new proposals, the Treasury has proposed to introduce a new Significant Economic Presence Tax but a higher six percent rate, compared to the 1.5 percent that it had initially proposed under the Digital Service Tax.
Ride-hailing services, online freelance jobs, and food delivery firms face a steeper six percent tax as the Treasury revived a proposal to raise revenue through the sources.
In its new proposals, the Treasury has proposed to introduce a new Significant Economic Presence Tax but a higher six percent rate, compared to the 1.5 percent that it had initially proposed under the Digital Service Tax.
