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<p>The Government recognises the important role that media organisations, including
the news publishing industry, play at a national and local level. In order to support
them, the Government extended the £1,500 business rates discount on local newspaper
office space in England until 31 March 2025.</p><p> </p><p>On 1 May 2020, the Government
extended the zero rate of VAT to e-publications to support literacy and reading and
make it clear that e-books, e-newspapers, e-magazines and academic e-journals are
entitled to the same VAT treatment as their physical counterparts. Originally due
to be implemented in December 2020, the introduction of the zero rate was brought
forward as a boost for readers and publishers during the coronavirus outbreak.</p><p>
</p><p>The Government keeps all tax policy under review and regularly receives proposals
for sector-specific tax reliefs.</p>
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