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    • UK Based Global VAT and Tax Consultants
    14
    May

    UK- No VAT On e-Publications for UK Effective 1st May 2020


    HMRC has scrapped VAT  off all e-publications from the Current 20% down to 0% in an effort to make reading more accessible for UK citizens while in self-isolation due to the Coronavirus. HMRC fast-tracked the motion and implemented it seven months ahead of schedule.  The chancellor Rishi Sunak said: ‘We want to make it as easy as possible for people across the UK to get hold of the books they want whilst they are staying at home and saving lives.’ ‘That is why we have fast-tracked plans to scrap VAT on all e-publications, which will make it cheaper for publishers to sell their books, magazines and newspapers.’


    Essentia Global Services – European / International / Global vat tax compliance consultants and management agents.
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    We are specialists in global indirect tax management. We help businesses to manage their worldwide compliance with respect to VAT/GST and similar taxes, effectively and economically. Essentia Global Services – European / International / Global vat tax compliance consultants and management agents. Essentia also provides VAT Training Courses and an EU VAT Number Lookup Platform. VAT Global Management & International VAT Registration.