Coronavirus Update: The UK Scraps Its 20-percent VAT on Digital Books - Publishing Perspectives

Panzer was taking a well-deserved nap, when he was shaken from his kitty bed by clapping and cheering. Hopping in the Panzermobile, our intrepid traveling kitty headed into the Catosphere. Following all the jocularity took him to the Publishing Perspectives site. There with no digging at all he discovered a post about the UK's (United Kingdom) VAT was causing all the noise.

Woo Hoo! The tax is gone!

According to Porter Anderson's post, as of today (May 1) the UK's VAT (value added tax) on digital products is gone. This means ebooks, e-journals and e-newspapers are no longer subject to the 20 percent VAT. This is a windfall for the UK's citizens who are stuck at home because of the coronavirus (Covid-19) pandemic and reading ebooks and e-newspapers is one of their only entertainments.

Panzer says, "Finally. Something good came out of this virus thingy."

Note: This is a long post. Bring a cup of tea and two muffins for today's reading selection.

To read the post tootle over to UK digital books VAT