tax Archives

ComiXology, VAT And Sales Tax
In Britain, any kind of reading material, from the Bible to pornography, is exempt from sales tax As long as it's in print. Digital editions however receive the full whack of Value Added Tax, recently increased by the current government from 15% to 20% Unlike America, tax payment is integrated into the shelf prices, so you[...]
Could Digital Comics Benefit From UK Tax Breaks?
Just while the tax inspectors pop by, you understand. The British Chancellor of the Exchequer, George Osborne, announced his budget yesterday In which, he included a tax break for animation companies, specifically aimed at Aardman Animation, encouraging them not to move abroad for their operations The tax break will be worth around £17 million a year[...]