Skip to main content

Hammond: tax relief on fibre

Posted by malcolm on Wednesday, November 23rd, 2016 at 16:34

The Chancellor of the Exchequor Philip Hammond has announced 100% rate relief on new fibre infrastructure in the Autumn Statement.

Answering critics of the non-domestic business rate on fibre networks, known as the fibre tax, Hammond has announced that there will be 100% rate relief on new fibre deployments, as part of a £1bn investment in new network infrastructure. This will be warmly welcomed by ISPs, many of whom had expressed scepticism of government financial support for fibre investment while the fibre tax was in place.

With over 770 members connecting from over 76 different countries worldwide, LINX members have access to direct routes from a large number of diverse international peering partners.

© London Internet Exchange, 2018 Registered office: London Internet Exchange Limited, 2nd Floor, Trinity Court, Trinity Street, Peterborough PE1 1DA United Kingdom . Registered in England, Number: 3137929
VAT Registration Number: GB 665 9580 82 Head office main telephone number Telephone: +44 (0)1733 207700 Fax: +44 (0)1733 207729

Web Design by Web Design by Bluestorm Design & Marketing

Leave Feedback


This site uses cookies to store information on your computer. Some of these cookies are essential to make our site work and have already been set. By using our site you accept the terms of our Privacy Policy.