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