Scrapping of VAT on e-publications to be fast-tracked
At the Budget in March it was announced that, from 1 December 2020, the zero rate of VAT would apply to supplies of e-publications (including e-books, e-newspapers, e-magazines and academic e-journals).
On 30 April 2020 the Chancellor subsequently announced that this change would be fast-tracked, and come into effect on the following day (1 May 2020). The reason given for this change is to make entertainment more affordable for those who are required to stay at home during the COVID-19 crisis.
The full announcement by the Chancellor can be found here.