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Publishers Association comment on coronavirus
Stephen Lotinga, CEO of the Publishers Association said: “The escalation of the coronavirus situation is causing a range of very significant challenges across publishing businesses. We are doing everything we can to support the industry at this extraordinarily difficult time. We have established a page on our website and are issuing regular member briefings. We…
Brexit: all eyes are now on the trade deals
By Dan Conway, Director of External Affairs at the Publishers Association The UK book industry has reacted with resilience to the regulatory and political uncertainty of recent years. The Publishers Association’s latest market statistics indicate that the industry revenue from books, journals and rights sales has grown since the 2016 referendum, now totalling £6bn (roughly…
Publishers Association’s comment on Reading Tax being axed in the 2020 Budget
Following the announcement that tax on digital books, journals and newspapers will be zero-rated from 1 December 2020, find our comment below. Stephen Lotinga, CEO of the Publishers Association said: “We are delighted that the Government has decided to zero-rate VAT on digital books and journals in the Budget. It’s fantastic that the Chancellor has…
Will digital VAT be history?
By Ruth Howells, Deputy Director of External Affairs at the Publishers Association. As the UK’s new chancellor of the exchequer, Rishi Sunak, delivers the Government’s long-awaited Budget today, the UK publishing industry will be watching and listening closely for an announcement about zero-rating VAT on digital books. Will the tax anomaly between print and digital…