'Axe the reading tax': book industry demands end to VAT on ebooks

Following EU directive that allows governments to waive duty on digital publications, calls grow for the UK to end ‘illogical and unfair’ levyThe UK government is being urged to axe the “illogical and unfair” 20% tax currently imposed on ebooks, while print books remain exempt, after European legislation cleared the way for this to happen.The new legislation, which came into force on Tuesday, allows member states to reduce or do away with VAT on digital publications such as ebooks, audiobooks, journals and newspaper subscriptions. France, Italy and Iceland have already declared they will lower their taxes on digital publications. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2018-12-05 00:00:00 UTC ]
News tagged with: #member states #digital publications #eu directive

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Shock ending: how the Costa book awards changed reading – and pitted husband against wife

After 50 years, the prize has been scrapped. How did it change Britain’s literary landscape? And what happened at the awards when Margaret Drabble was seated next to Theresa May?Margaret Drabble was a bright young star with five novels to her name in 1971, when she was talked into joining her... Continue reading at The Guardian

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Year-End Russian Book Publishing Industry Assessment: ‘Seriously Difficult’

The downturn in print book sales in Russia may have been as deep as between 50 and 70 percent, according to editor Svetlana Zorin. The post Year-End Russian Book Publishing Industry Assessment: ‘Seriously Difficult’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2022-01-04 14:35:09 UTC ]
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PA urges political parties to commit to axing 'unfair' reading tax

Trade bodies, including the Publishers Association (PA), have sent a letter to the political parties ahead of the release of their election manifestos calling for them to commit to removing "unfair and illogical" VAT on digital publications. Continue reading at The Bookseller

[ The Bookseller | 2019-11-20 05:24:16 UTC ]
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Konnie Huq and 90 MPs call for end to 'reading tax' in UK

TV star joins delegation to the chancellor of the exchequer demanding an end to VAT on digital books, which traditional publications escapeChildren’s laureate Cressida Cowell and former Blue Peter presenter Konnie Huq have joined 90 MPs calling on the government to scrap the “reading tax” on... Continue reading at The Guardian

[ The Guardian | 2019-10-31 15:01:27 UTC ]
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MPs back PA campaign calling for end to VAT on e-books and audiobooks

Nearly 40 MPs have signed a letter calling for the Chancellor to remove VAT on e-books and audiobooks. Continue reading at The Bookseller

[ The Bookseller | 2019-10-21 10:27:19 UTC ]
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Latvian Publishers Association Demands a Cut in the VAT Rate on Books

The publishers' association in Riga is mounting a new bid to ease the country's VAT rates on books, after enduring sharp hikes and only modest decreases. The post Latvian Publishers Association Demands a Cut in the VAT Rate on Books appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-08-15 05:30:56 UTC ]
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UK’s Publishers Association Leads ‘Axe the Reading Tax’ Campaign

With Brexit looming larger as the UK's new government takes charge, the publishing industry steps up its drive to drop the VAT on digital reading. The post UK’s Publishers Association Leads ‘Axe the Reading Tax’ Campaign appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-08-12 05:30:59 UTC ]
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Industry Notes: Open Road Acquires US Graham Green Ebook Rights; Unicorn Announces Ali Cavanaugh Book

Rolling out the news of its acquisition with three pivotal titles, Open Road announces its Graham Greene US ebook rights acquisition, as the UK’s Unicorn names artist Ali Cavanaugh for a 2019 retrospective. By Porter Anderson, Editor-in-Chief | @Porter_Anderson Jon Fine: ‘Greene’s Extraordinary... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-03-13 00:00:00 UTC ]
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Industry Notes: Canada’s Shifts in Ebook and Print; London Book Fair Plans a Writer’s Digest Day

In Canada, BookNet's check on sales shows ebooks a bit up, In the UK, a new author day is announced by London Book Fair and the US-based Writer's Digest. The post Industry Notes: Canada’s Shifts in Ebook and Print; London Book Fair Plans a Writer’s Digest Day appeared first on Publishing... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-07-28 00:00:00 UTC ]
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Industry Notes: BookExpo’s ‘First Amendment Resistance’; EU Research Looks at VAT on Ebooks

Publishers' responsibilities with 'controversial authors professing what seem to be unpopular opinion' at BEA, while Brussels gets some perspective on VAT. The post Industry Notes: BookExpo’s ‘First Amendment Resistance’; EU Research Looks at VAT on Ebooks appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-05-03 00:00:00 UTC ]
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Polish Ebook Industry Eyes Brussels’ Proposed VAT Reduction

Legimi cofounder Mikołaj Małaczyński is optimistic that Poland's already growing ebook market could further benefit from lower VAT rates proposed by the EC. The post Polish Ebook Industry Eyes Brussels’ Proposed VAT Reduction appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

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Italy Lowers Ebook VAT to Buoy Digital Publishing Industry

Even as the European Commission anticipates proposals for overhauling the EU's common VAT system, Italy joins several other member-nations in sharply lowering VAT on ebooks. The post Italy Lowers Ebook VAT to Buoy Digital Publishing Industry appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-02-04 00:00:00 UTC ]
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VAT Rates on Books and Ebooks Around the World

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Europe rules ebooks won't get tax breaks like paper books

Isn't it ironic that tiny nuances of tax law can often cause colossal results out in the real world? It's one of those judgments that has rocked Europe after its highest court ruled that ebooks aren't actually goods at all. Currently, paper books so... Continue reading at Engadget

[ Engadget | 2015-03-05 00:00:00 UTC ]
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The ebook industry needs to make reading more social

The music, film and TV industries have all undergone radical transformations over the last fifteen years. In contrast, the publishing industry is only now feeling the full force of technological change. Ebooks and ereaders are changing consumers' reading habits and throwing up serious questions... Continue reading at Betanews

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Amazon’s Australian Kindle store: an unhappy ending for the book industry?

Amazon has been prising open the wallets of Australian consumers for years – but what will its local push on Kindle mean for readers, writers and publishers?Ben Eltham Continue reading at The Guardian

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Book Club Books to Read This Summer and Fall

Looking for the best book club books for summer and fall 2022? This guide has something for every kind of book club. Continue reading at Book Riot

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25 Best Book Club Books for 2022 Reading

If you’re looking for the best book club books, 2022 releases have a ton to offer! Check out our picks for fiction and nonfiction, like How High We Go in the Dark by Sequoia Nagamatsu. Continue reading at Book Riot

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‘B-Side Books’ adds to your must-read stack with the best books you’ve never heard of

Launched in 2017, the essay series celebrates literature of “unsung, under-recognized genius.” Continue reading at The Washington Post

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