The UK introduces Digital Services Tax

On 19th March 2020, the UK Government published the Finance Bill 2020 which includes the final provisions of the UK’s much-anticipated Digital Services Tax (DST). The 2020 Budget had confirmed that the DST would be effective from 1st April 2020. There will be a 2% VAT...

Barbados will levy VAT on Digital Services

Barbados has joined various other countries around to world by also introducing VAT (17.5%) on digital services. The new tax measure will apply to foreign suppliers of digital services to local consumers on the Caribbean island. The foreign companies must apply,...