Telecommunications: Taxation

Treasury written question – answered on 23rd April 2018.

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Photo of Stephen McPartland Stephen McPartland Chair, Regulatory Reform Committee

To ask Mr Chancellor of the Exchequer, whether he has plans to abolish the Fibre Tax.

Photo of Mel Stride Mel Stride Financial Secretary to the Treasury and Paymaster General

The government is introducing a five-year business rates relief for new fibre infrastructure to support the rollout of new fibre broadband infrastructure and future 5G communications to homes and businesses.

In terms of their rates liability on existing fibre, telecom networks will benefit from recent measures to reduce the burden of business rates by over £10bn by 2023.

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