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Value-added tax
The Samosa / Pasty Tax
Almost as soon as we referred to the Samosa Tax, it was nicknamed the Pasty Tax – so this is what we shall call it. The Pasty Tax was one of the ‘new’ taxes announced at Budget 2012, which we reported on at the time. Therefore, it makes sense to keep you updated on the [...]
The ‘Samosa Tax’
VAT 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 [...]
