Audiobooks: VAT

(asked on 9th November 2022) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether he plans to introduce a zero rating of VAT for audiobooks.


Answered by
Victoria Atkins Portrait
Victoria Atkins
Secretary of State for Health and Social Care
This question was answered on 16th November 2022

An extension of the zero rate of VAT was introduced in May 2020 to provide consistency in approach between certain physical and digital publications. Audiobooks are already taxed consistently at the standard rate in both physical and digital format.

Providing VAT relief for audiobooks would have a fiscal cost and should be viewed in the context of over £50 billion of other requests for relief from VAT that the Government has received since the EU referendum.

Although the Government keeps all taxes under review, there are no plans to change the rate of VAT on audiobooks.

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