United Kingdom Treasury implement an abolition of taxes in digital publications

Where
United Kingdom of Great Britain and Northern Ireland
Type of institution
National Government
Categories
  • Support for sectors of the cultural and creative industries
    • Stimulating demand
Type of measure
Ongoing support
Date
May 2020

The UK Treasury, which is responsible for public finances and economic policy, announced the abolition of the 20% value-added tax (VAT) on digital publications. This measure, which came into force on 1 May 2020, seven months ahead of schedule, aims to promote access to e-books and the online press and support the publishing sector. Its implementation was brought forward in response to a significant rise in demand for e-books and subscriptions to digital media during the pandemic. It also announced that the printed press is to receive up to £35 million (US$ 44.6 million) in extra advertising revenue from the Government as part of its COVID-19 information campaign.

(See VAT scrapped en E-publications)

 

Goal(s) of UNESCO's 2005 Convention
Cultural Domain(s)
Publishing
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