VAT News

MOSS VAT rates changed 1st May 2020 – Digital Publications


Following the recent government announcement on the bringing forward of the Zero Rate treatment on certain publications HMRC have updated their VAT guidance for UK businesses who use the MOSS.

“United Kingdom: 1 May 2020

From 1 May 2020, electronic supplies of the following products are zero-rated, unless they are mainly used for advertising, or audio or video content:

  • books
  • booklets
  • brochures
  • pamphlets
  • leaflets
  • newspapers
  • journals and periodicals (including magazines)
  • children’s picture and painting books

If you are a member of the VAT MOSS scheme who is established outside the EU include these zero-rated supplies in your second quarter VAT MOSS return (for the period 1 April 2020 to 30 June 2020) under the ‘Reduced VAT’ rate type, and apply a 0% VAT rate.”

It’ll be important to establish that the nature of your digital supplies of publication do fall within the above definitions covered by this change. Should you need assistance in this regard then do get in touch with your Centurion VAT team. We are always here to help when VAT gets complicated.

For the avoidance of doubt, the content recorded in this news article does not constitute formal advice and we do not guarantee the accuracy of any information provided at the time of reading. It is always recommended that you seek professional advice before acting on any of the news articles or information included.

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