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UK Cuts VAT Rate to 0% on E-Publications and PPE

|Approved Changes|United Kingdom
United Kingdom

HM Treasury has announced its decisions to cut the VAT rate to 0% on e-publications and personal protective equipment (PPE) with effect from 1 May 2020 due to COVID-19. With regard to e-publications, plans to apply the zero rate of VAT were pushed forward seven months ahead of schedule. According to Chancellor of the Exchequer Rishi Sunak:

"We want to make it as easy as possible for people across the UK to get hold of the books they want whilst they are staying at home and saving lives. Th…

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