Government has taken the decision to make e-publications and online subscriptions zero-rated for the tax.
The cut was introduced on 1 May – having previously been scheduled to come into effect on 1 December – to help publishers cope with the coronavirus pandemic. The industry has long argued that digital news, liked printed newspapers, should be zero-rated for VAT.
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(Headline reproduced courtesy of Press Gazette article dated 26th May 2020)
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