The following Value Added Tax guidance note by Tolley provides comprehensive and up to date tax information covering:
This guidance note provides an overview of the rules regarding the VAT treatment of several items of printed matter supplied together. This note should be read in conjunction with the Zero-rated - supplies of printed matter and Printed matter - production services guidance notes.
If all of the items in the package are liable to VAT at the standard-rate, the supplier will charge VAT on the total value of the supply in the normal way. Alternatively, if all of the items in the package are zero-rated, no VAT will be charged on the supply. The difficulty arises when a different VAT treatment applies to some of the items supplied. In these situations it is necessary for the business to determine whether they are making a 'single' or 'multiple' supply for VAT purposes.
Special rules apply to the following transactions:
If a business is supplying a book or magazine together with another item, it will be necessary to determine whether it is making a single or multiple supply. Please see the Single or multiple supplies - application of Card Protection Plan guidance note for a more in depth analysis.
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