Value Added Tax (VAT) to be scrapped on e-books in the UK from December 2020

Today (11 March), the UK Chancellor announced in the Budget that from December 2020 Value Added Tax (VAT) would be scrapped on e-books and online newspapers. Currently (in the UK) print books are zero rated, whilst e-books attract a VAT rate of 20percent. So, from December of this year, print and electronic books will both be zero rated.

At this juncture it is not clear whether audio books will also be zero rated. The Royal National Institute of Blind People (RNIB) has asked for clarification on this point.

To read more about the zero rating of e-books please visit this link, https://www.bbc.co.uk/news/technology-51832899.

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