Magazines should also be able to avail of 0% VAT, says CSNA
CSNA argues that children’s comics, educational magazines and current affairs periodicals should not be viewed as less worthy compared to newspapers
5 October 2022
The Convenience Stores and Newsagents Association (CSNA) has sought clarification from the Department of Finance on its intention to reduce newspapers both national and local to the zero VAT category but continue to apply the existing rate of 9% to magazines.
The association believes newspapers and magazines should both be able to avail of 0% VAT.
“We do not accept that children’s comics, educational magazines and current affairs periodicals should be viewed as being any less worthy of having a very valuable societal content when compared to newspapers,” said CSNA CEO Vincent Jennings.
“It is much more desirable that people reading published magazines obtain their information from a trusted source rather than from anonymous social media sites,” he added.
“We would have to suggest that news and magazines should be treated the same for VAT purposes.”