Social Media: VAT
Commons · Question 121462 · Tabled 17 Mar 2026 · Treasury · Official record
Answered 25 Mar 2026
Question
Asked by James Wild
To ask the Chancellor of the Exchequer, whether she has made an assessment of the potential impact of VAT on social media advertising on the reach of charity campaigns aimed at vulnerable groups who predominantly consume information online.
Answer
Answered by Dan Tomlinson, 25 Mar 2026
VAT is a broad-based tax on consumption and the 20 per cent standard rate applies to most goods and services. VAT is the UK’s third largest tax, forecast to raise £180 billion in 2025/26. Taxation is a vital source of revenue that helps to fund vital publ...