Jump to content

Pie Tax horror announced in Budget


Recommended Posts

Obesity will rise as more families cannot afford to buy fresh/quality foods.

 

Greggs will still be a lot cheaper than buying food elsewhere if you are stuck in town and need to grab something quick to eat. It's another tax on the poor.

 

This government stinks to high heaven.

 

People can still buy a cold pasty and avoid the tax. Or wait until they get home to make a healthy meal rather than stuffing their face with crap the second they feel a hunger pang.

 

jb

Link to comment
Share on other sites

"The new regime means that, in theory, every food item that is hotter than the surrounding ambient air temperature will be liable for 20 per cent VAT.

In the high street, this means a hot sausage roll or Cornish pasty carries VAT but a cold one does not."

 

But the pasties in Greggs are always cold anyway

Link to comment
Share on other sites

"The new regime means that, in theory, every food item that is hotter than the surrounding ambient air temperature will be liable for 20 per cent VAT.

In the high street, this means a hot sausage roll or Cornish pasty carries VAT but a cold one does not."

 

But the pasties in Greggs are always cold anyway

 

So its a hot tax? lol

Link to comment
Share on other sites

It does lead to the question, why wasn't hot takeaway food taxed before today? Or was it and was shops like Greggs using a loophole to avoid the tax?

 

I thought it was if it was hot, but not if re-heated. Can't be sure though because the VAT rules are ridiculously complicated. Hence the Jaffa Cake debate and the gingerbread anomaly that means a plain gingerbread man isn't VATable but if he wears a chocolate hat he is.

Link to comment
Share on other sites

I thought it was if it was hot, but not if re-heated. Can't be sure though because the VAT rules are ridiculously complicated. Hence the Jaffa Cake debate and the gingerbread anomaly that means a plain gingerbread man isn't VATable but if he wears a chocolate hat he is.

 

So it's more a case of closing a loophole rather than raising a tax?

Link to comment
Share on other sites

So it's more a case of closing a loophole rather than raising a tax?

 

Addressing borderline anomalies.

 

VAT

Addressing borderline anomalies – Secondary legislation will be introduced in summer 2012, supported by anti-forestalling provisions in Finance Bill 2012, to address long-standing VAT anomalies, with effect from 1 October 2012. These are areas where differences in VAT treatment lead to error, non-compliance and complexity for taxpayers. The changes will simplify the VAT rules by removing the relevant borderlines and will marginally broaden the VAT base. The changes:

 

- address a number of anomalies around the margins of the food zero rate by applying VAT, in the minority of cases where it does not already apply, to hot food and sports drinks

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.