MobileRead Forums - View Single Post - UK ebooks VAT 20%->0% 1st May 2020

pdurrant · 04-30-2020, 11:28 AM

Thanks to Kieran Seymour for the heads-up.

The UK Government has announced that the UK rate of VAT on ebooks will drop from 20% to 0% as from tomorrow, 1st May 2020. It had been going to change on 1st December 2020.

Here's the news on the government website

"The objective of this measure is to support literacy and reading in all its forms. Following the outbreak of the coronavirus (COVID-19) pandemic and the need for people to stay at home, the government has decided to bring forward the implementation date to 1 May 2020 to reduce the cost of access to online publications during these challenging times when many people are confined to their homes and schools are closed."

04-30-2020, 11:28 AM	#1
pdurrant The Grand Mouse 高貴的老鼠 Posts: 71,504 Karma: 306214458 Join Date: Jul 2007 Location: Norfolk, England Device: Kindle Voyage	Thanks to Kieran Seymour for the heads-up. The UK Government has announced that the UK rate of VAT on ebooks will drop from 20% to 0% as from tomorrow, 1st May 2020. It had been going to change on 1st December 2020. Here's the news on the government website "The objective of this measure is to support literacy and reading in all its forms. Following the outbreak of the coronavirus (COVID-19) pandemic and the need for people to stay at home, the government has decided to bring forward the implementation date to 1 May 2020 to reduce the cost of access to online publications during these challenging times when many people are confined to their homes and schools are closed." Last edited by pdurrant; 04-30-2020 at 12:00 PM.