questionText: To ask the Chancellor of the Exchequer, whether she is taking steps to update VAT guidance to recognise all social media advertising as qualifying for zero-rated charity advertising.
answerText: 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 third largest tax, forecast to raise £180 billion in 2025/26. Taxation is a vital source of revenue that helps to fund vital publ...
heading: Social Media: VAT