Question to the HM Treasury:
To ask the Chancellor of the Exchequer, whether he has made an assessment of the implications for his policy on the rates of value added tax applied to newspapers and periodicals of the Cairncross review recommendation on extending the zero rate of that taxation to digital publications; and if he will make a statement.
The Government keeps all taxes under review, including VAT on e-publications.
Any amendments to the VAT regime as it applies to physical publications and e-publications must be carefully assessed against policy, economic and fiscal considerations.