questionText: To ask the Chancellor of the Exchequer, whether her Department plans to remove VAT on audiobooks.
answerText: There are no current plans to remove VAT on audiobooks. VAT is a broad-based tax on consumption, and the 20 per cent standard rate applies to most goods and services. VAT is the UK’s second largest tax, forecast to raise £171 billion in 2024/25. Tax break...
heading: Audiobooks: VAT