HMRC has published its most detailed guidance to date on the new zero-rating for e-publications which came into force on 1 May 2020. The guidance includes: details of the interaction between the changes and the News Corp litigation; the meaning of ‘supplied electronically’; and the meaning of ‘wholly or predominantly devoted to advertising, audio or video content’. The guidance begins in the VAT Books Manual at VBOOKS8500. A new section 9 has also been added to VAT Notice 701/10 Zero rating books and printed matter to reflect the changes.
HMRC has published its most detailed guidance to date on the new zero-rating for e-publications which came into force on 1 May 2020. The guidance includes: details of the interaction between the changes and the News Corp litigation; the meaning of ‘supplied electronically’; and the meaning of ‘wholly or predominantly devoted to advertising, audio or video content’. The guidance begins in the VAT Books Manual at VBOOKS8500. A new section 9 has also been added to VAT Notice 701/10 Zero rating books and printed matter to reflect the changes.
