Digital Technology: Coronavirus:Written question - 46063

Q
Asked by Chi Onwurah
(Newcastle upon Tyne Central)
Asked on: 12 May 2020
Treasury
Digital Technology: Coronavirus
Commons
To ask the Chancellor of the Exchequer, what recent assessment has he made of potential effect of the covid-19 on revenue to the Exchequer from the digital economy.
A
Answered by: Kemi Badenoch
Answered on: 18 May 2020

The impact of the Covid-19 pandemic on businesses, and their direct and indirect contributions to UK tax revenues, remains highly uncertain. This includes the diverse set of businesses operating in the digital sector.

The Government continues to keep the impact of the Covid-19 pandemic on businesses and tax receipts under careful review.

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