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VAT
Pasty Tax Comes into Force
Tuesday, October 2nd, 2012We are providing this information, as we reported on it at the time of the Budget 2012 and it is right to bring the subject to its conclusion with this article. Effective 01 October 2012, the ‘Pasty Tax’ comes into force. This is to ensure that there is a consistent treatment in the application of [...]
The ‘Samosa Tax’
Tuesday, March 27th, 2012VAT has been charged on takeaway food for more than 20 years. However, ‘some new hot takeaway products’ are not being charged, most commonly from supermarkets and bakeries. They argue that foods like pies and rotisserie chickens are not sold to be eaten immediately, therefore, fall outside of the scope of VAT. The Chancellor is [...]
