Call for tax on social media businesses

A group of MPs has called on the government to tax the profits of social media businesses.

A group of MPs has called on the government to tax the profits of social media businesses.

The All Party Parliamentary Group (APPG) on Social Media and Young People's Mental Health and Wellbeing recently published a report which outlined the impact of social media on the health of young people.

The APPG has suggested creating a Social Media Health Alliance, which would be funded by a 0.5% tax on the profits of social media companies. MPs hope that the money would be used to fund research and help 'draw up clearer guidance' on the impact of social media on health and wellbeing.

xero.png
Xero Accounting Software

Xero is online accounting software for small businesses. Use Xero to manage invoicing, bank reconciliation, bookkeeping & more...

Learn more

Please call:
01851 702335

Mann Judd Gordon, 26 Lewis Street, Stornoway, Isle of Lewis HS1 2JF

Home | Contact us | Site map | Accessibility | Disclaimer | Website Policy | Mann Judd Policy | Help |

© 2024 Mann Judd Gordon. All rights reserved. Registered in Scotland; Registration number: SC336688.
powered by totalSOLUTION

We use cookies on this website, you can find more information about cookies here.