Go back

Axing of VAT on digital journals ‘will benefit universities’

Publishers welcome chancellor’s move to scrap ‘unfair and illogical’ tax on digital literature

A decision outlined in the 11 March budget to scrap value-added tax on online academic journals will bring financial relief for university libraries, but could present challenges for open-access journals, experts predict.

Chancellor Rishi Sunak announced plans to apply a zero rate of value-added tax to online publications including e-books and online academic journals, effective from 1 December 2020.

This article is only available to Research Professional News subscribers. If you are a subscriber you can read the article in full on researchprofessional.com

Pivot-RP users can log in and view the article via this link.