News added on 01.05.2020

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VAT

Zero-rating for e-publications effective today

The government has brought forward legislation to zero rate electronic publications in a move to make them more affordable for people confined to their homes or affected financially by coronavirus. Zero-rating was originally due to take effect on 1 December 2020 but now applies from today, 1 May. 

Zero-rating applies to the sale of: 

  • books and booklets

  • brochures 

  • pamphlets 

  • leaflets 

  • newspapers 

  • journals and periodicals  

  • children’s picture and painting books. 

Lending fees for these types of publication are also zero-rated from today. 

Exclusions

Zero-rating doesn’t apply to the following types of electronic publication, they remain standard-rated: 

  • advertising -  where more than half the content is advertisements 

  • audiobooks 

  • intellectual property such as licences, plans, technical drawings, etc. 

More detailed guidance on what can and can’t be zero-rated and how to apply zero-rating if you supply a mix of standard and zero-rated products, for example, a magazine and companion website is available here.


 

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