The following Value Added Tax guidance note Produced by Tolley provides comprehensive and up to date tax information covering:
IP COMPLETION DAY: 11pm (GMT) on 31 December 2020 marked the end of the Brexit transition / implementation period entered into following the UK’s withdrawal from the EU. At this point in time, key transitional arrangements came to an end and significant changes began to take effect across the UK’s VAT and customs regime. This document contains guidance on subjects potentially impacted by these changes. Before continuing your research, see the Brexit — overview guidance note.
This guidance note examines several practical matters associated with the zero-rating for printed matter and e-publications, including:
loan and hire of publications
special rules for certain imports of printed matter
VATA 1994, Sch 8, Group 3, Item 7
For an overview of the VAT status of printed matter and e-publications more broadly, see the Printed matter and e-publications ― overview guidance note.
The following should be seen by HMRC as zero-rated:
charges for lending or hiring a zero-rated printed matter
the sale of a part share in ze
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