https://tech.newstatesman.com/policy/budget-2018-tech-sector

This year’s Autumn Budget might not have unlocked as much funding for the tech sector as last year’s, but it still includes a number of eye-catching policy announcements. Here’s a rundown of the key developments…

Philip Hammond finally outlined his long-awaited Digital Services Tax in Monday’s speech. The tax will amount to two per cent of companies’ UK revenues, come into effect in April 2020 and only be levied on profitable digital services businesses with revenues of over £500m.