The UK is looking increasingly isolated in charging 20% VAT on ebooks after two more European countries lowered their rates to be in line with print books. Italy has ruled that VAT on ebooks will be cut from the standard 22% to 4% so it matches the rate imposed on printed books. Meanwhile, Malta has decided to cut its VAT on ebooks from its standard 18% to 5%, also so it is in line with print. In both cases the changes come in on 1st January 2015. Continue reading at 'The Bookseller'
[ The Bookseller | 2014-12-10 00:00:00 UTC ]
News tagged with:
#ebook vat
#print books
#printed books
Amazon.co.uk has brought in a 'Buy for others' option on the detail page for Kindle books to allow people to gift ebooks. Continue reading at The Bookseller
[ The Bookseller | 2018-12-25 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#ebook gifting
#kindle books
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... Continue reading at The Guardian
[ The Guardian | 2018-12-05 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#eu directive
#digital publications
#member states
At both the national and European level, many are welcoming the arrival of the EU's amendment, allowing member markets to tax ebooks and other digital formats at the same rate as print. The post European and UK Publishers Welcome ‘eVAT Day’ for Ebooks’ Taxation appeared first on Publishing... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-12-05 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#post european
#uk publishers
#digital formats
The Chancellor Philip Hammond has confirmed a tax cut to business rates of one third for all retailers in England with a rateable value of £51,000 or less. The measure will last for the next two years, until the next re-evaluation of rateable values in 2021. Hammond told the House of Commons... Continue reading at The Bookseller
[ The Bookseller | 2018-10-30 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#business rates
#amazon tax
#independent shops
The EU's Economic and Financial Affairs Council (Ecofin) today agreed on a proposal which will allow all member states to give ebooks the same VAT-free status as printed books. Continue reading at The Bookseller
[ The Bookseller | 2018-10-03 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#printed books
Four jobs have gone in the UK as part of the recent round of job cuts revealed with the company's half-year results yesterday, a Quarto spokesperson has confirmed. Continue reading at The Bookseller
[ The Bookseller | 2018-09-19 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#recent round
'It makes no sense in the modern world that readers are being penalized with an additional 20-percent VAT for choosing to embrace digital,' says the Publishers Association chief. The post Publishers Association Issues Statement on UK VAT for Digital Content appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-05-30 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#digital content
#modern world
#embrace digital
Publishers are urging the UK government to support measures that would allow VAT to be removed on ebooks, audiobooks and online newspaper and magazine subscriptions in the UK. Continue reading at The Bookseller
[ The Bookseller | 2018-05-26 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#uk government
#support measures
#online newspaper
#magazine subscriptions
The Federation of European Publishers (FEP) has spoken out against the delay in the adoption of a proposal to allow VAT on ebooks to be reduced to match the rate on printed books. Continue reading at The Bookseller
[ The Bookseller | 2017-12-06 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#printed books
There has been a delay to progress on the planned measure to allow VAT on ebooks to be reduced, after the members of the EU's Economic and Financial Affairs Council (ECOFIN) failed to reach an agreement on the proposals. Continue reading at The Bookseller
[ The Bookseller | 2017-06-20 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#ebook vat
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 ]
More news stories like this | News stories tagged with:
#ebooks appeared
#amendment resistance
Consumer sales down to £204m last year and are at lowest level since 2011 – when Amazon Kindle sales first took off in UK Britons are abandoning the ebook at an alarming rate with sales of consumer titles down almost a fifth last year, as “screen fatigue” helped fuel a five-year high in printed... Continue reading at The Guardian
[ The Guardian | 2017-04-27 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#screen fatigue
#readers return
#lowest level
#alarming rate
#consumer titles
#jeff bezos
#physical books
Book sales in the UK are on the rise, but not because of ebooks. Figures for 2016 released by the Publishers Association show a 7 percent rise over 2015, the largest year-over-year growth in a decade. Physical book sales were up 8 percent, however eb... Continue reading at Engadget
[ Engadget | 2017-04-27 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#book sales
The European Court of Justice has said VAT on ebooks cannot be reduced to that of printed books. Continue reading at The Bookseller
[ The Bookseller | 2017-03-08 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#european court
#printed books
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
[ Publishing Perspectives | 2016-12-08 00:00:00 UTC ]
More news stories like this |
International book taxation report indicates that Europe taxes its books at a much higher standard VAT rate than Asia does. The post IPA-FEP Global Report Promotes ‘Zero-Rating VAT’ on All Books appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2016-11-22 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#books appeared
A public consultation has formally been launched by the European Commission to address the inconsistency in VAT rates on print and electronically supplied publications. Continue reading at The Bookseller
[ The Bookseller | 2016-08-13 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#european commission
#vat rates
A spokesperson for Pearson UK has said the company is "80% of the way there and ahead of plan" on its latest job-cutting restructure, as the wider company looks to make £250m annualised cost savings globally this year plus a further £100m in 2017. Continue reading at The Bookseller
[ The Bookseller | 2016-07-15 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#wider company
#pearson uk
Two leading trade bodies in the book industry are turning towards lobbying the UK competition authorities over Amazon as opposed to the European Commission following Brexit. Continue reading at The Bookseller
[ The Bookseller | 2016-07-08 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#trade bodies
#book industry
#european commission
If Her Majesty's Revenue and Customs office can somehow categorize coloring books as not books—and "incomplete" because they're not colored in—what might publishers have to pay in VAT? The post Color It Confusing: Can the UK’s VAT People Classify Coloring Books as Not Books? appeared first on... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2016-05-25 00:00:00 UTC ]
More news stories like this |