The popular colouring books will now remain VAT-free unless they are specifically marketed towards adults
HMRC has announced that it will not impose VAT on most colouring and dot-to-dot books for adults – reversing its plans from earlier this year that were greeted with dismay by fans and publishers alike.
Colouring books aimed at adults have been a publishing hit in the last three years, with titles such as Johanna Basford’s Secret Garden topping the Amazon bestseller lists. The intricate patterns and designs featured in many of the titles are credited with soothing anxiety in people who are stressed.
0 comments:
Post a Comment