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Culture


RSS FeedsGovernment will abolish the 20% `reading tax`
(The Guardian Books News)

 
 

11 march 2020 21:49:47

 
Government will abolish the 20% `reading tax`
(The Guardian Books News)
 


Rishi Sunak confirmed ebooks and online newspapers will no longer be subjected to sales tax The government will abolish the 20% `reading tax` on ebooks and online newspapers from December, although it is unclear whether publishers will pass the full saving on to customers.Printed books and newspapers have always been zero-rated for VAT but until now their digital equivalents - such as books from Amazonīs Kindle service or online subscriptions to news websites such as the Times or the Guardian - have been subject to the sales tax. Continue reading...


 
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