Question to the Department for Digital, Culture, Media & Sport:
To ask the Secretary of State for Digital, Culture, Media and Sport, what recent representations she has made to HM Treasury on VAT on audiobooks; and if he will make a statement.
The government recognises the value of publishing as one of the UK's most successful industries. In addition to £330Bn of guarantees announced by the Chancellor which have included grants, loans, and the Job Retention Scheme, zero rate of VAT on e-publications was brought forward from December. The extension of the zero rate of VAT has been introduced to provide consistency in approach between certain physical and digital publications. Audiobooks, however, are already taxed consistently at the standard rate in both physical and digital format. The government keeps all taxes under review, including VAT.