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The eu economic and financial affairs council ecofin adopted proposals in october 2018 to amend the vat directive 2006 112 to eliminate the distinction.
Vat on ebooks uk. The decision to scrap vat on online publications follows a long running campaign by book publishers and newspapers led by news uk publisher of the times. The decision was already planned to take affect in. However the exact definition of an.
Bringing forward the zero rating of vat on ebooks to 1 may comes at a critical time for publishers booksellers authors and the readers who enjoy their work. The uk continues to charge vat on e books audio books and online newspapers despite changes to eu vat rules introduced last year and since adopted by a growing number of member states. Government s treasury has today announced that starting may 1 it ll drop its value added tax vat on digital publications.
Yes the uk has the equivalent of what in the usa would be a 25 national sales tax print books had a 0 vat rate due to an elitist and archaic belief that books were unique cultural objects.
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