29 June 2016
HMRC is considering subjecting adult colouring books to VAT at the standard rate in the UK. Currently these types of colouring books for both children and adults have a zero rate of VAT, however HMRC are looking to reclassify these as ‘uncompleted’ books which would result in the 20% standard VAT rate being applied.
LATEST NEWS
Romania Proposes Fixed Levy on Low-Value E-Commerce...
Romania has proposed the introduction of a fixed charge on certain low-value consignments, valued under €150, entering the country from outside the European...
SEE MORE
LATEST NEWS
France Proposes €2 Customs Charge on Low-Value...
In October 2025, the French government unveiled its 2026 Finance Bill, which has been submitted to the National Assembly for debate before moving to the Senate...
SEE MORE
LATEST NEWS
Ireland to Introduce Mandatory E-Invoicing for...
Ireland has confirmed plans to implement a mandatory electronic invoicing regime for business-to-business (B2B) transactions, starting 1 November 2028. This...
SEE MORE