HMRC has extended by two weeks the consultation period for proposed changes to the VAT system, including what has become known as the ‘pasty tax’.
Michael Ashdown answers a query on VAT on hot food.
Lee Squires and Fiona Bantock identify this month's VAT developments that matter.
HMRC has updated its Notice 700, The VAT Guide. This is the main reference guide to VAT, including the main rules and procedures, help with problems faced by business and references to specialist publications.
Tarlochan Lall reviews the recent Tribunal decision in Shop Direct and considers when VAT repayments are trading receipts.
Freshly baked savouries should not be subject to VAT ‘as we don't keep them hot after they've been made nor are they heated for the customer’, said Ken McMeikan, Chief Executive of Greggs, writing in
The Climate Change Levy (General) (Amendment) Regulations, SI 2012/943, amend the principal regulations as a consequence of the repeal of the exemption for taxable commodities supplied for use in certain metal recyclin
The Landfill Tax (Qualifying Material) (Amendment) Order, SI 2012/940, amends the list of qualifying material subject to the lower rate of landfill tax.
Greggs, the bakery retailer, has vowed to ‘lead a rebellion’ over the government’s plans to extend VAT to all hot takeaway food.
From 1 April 2012 legislation will make clear that ‘the use of red diesel with full duty paid for propelling private pleasure craft is permitted under UK national legislation within UK waters’, HMRC said in Revenue & Customs Bri