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How to deal with May 2020 VAT rate changes on ebooks and PPE
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VAT: How to deal with a cut in rates

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Understanding the tax point rules is key to getting the VAT right on protective equipment and e-publication sales that overlap the VAT rate reductions from 1 May 2020.

18th Jun 2020
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There have been two important VAT reductions recently, with zero rather than 20% VAT now applying to supplies of e-publications and also personal protective equipment (PPE).

The change for electronic books, booklets, brochures, pamphlets, leaflets, newspapers, journals and periodicals (including magazines) as well as electronic versions of children’s picture and painting books, took effect on 1 May 2020, seven months ahead of schedule. The change is permanent and means these sales are now subject to the same VAT rate as printed publications.

The reduction in VAT rate for PPE is temporary from 1 May to 31 July 2020. Both reductions have been prompted or accelerated by the coronavirus pandemic.

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