V6.154 Books and publications—liability of supplies
Key VAT concerns for the publishing sector will include:
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•ÌýÌýÌýÌý determining the liability of supplies made in the UK and whether they qualify for zero-rating
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•ÌýÌýÌýÌý international issues, particularly with regard to electronic publications
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•ÌýÌýÌýÌý single and multiple supplies where publishers provide packages of goods and/or services
Whilst the industry will be largely comprised of fully taxable businesses publishers will also need to consider their VAT recovery position and whether they have been correctly charged VAT on their purchases.
Liability of supplies of printers and publishers
Core income generating activities in the sector include:
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•ÌýÌýÌýÌý conventional paper publishing, ie supplies of printed matter
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•ÌýÌýÌýÌý electronic publishing
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•ÌýÌýÌýÌý printing and similar services
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•ÌýÌýÌýÌý advertising services
These activities are considered in turn below.
Printed matter and zero-rating
The zero-rating for printed matter spans across a number of different types of physical publications (eg books, magazines, newspapers etc) but there
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