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Gideon goes for Plan U
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Posts: 4,552 Forumite
The pasty tax is stuffed.
And now only 5% on static caravans.
Apparently Osborne listened to the views of Sun readers (according to one of the papers).
At best, not a triumph for the way our budgets are thrown together nowadays.
And now only 5% on static caravans.
Apparently Osborne listened to the views of Sun readers (according to one of the papers).
At best, not a triumph for the way our budgets are thrown together nowadays.
"It will take, five, 10, 15 years to get back to where we need to be. But it's no longer the individual banks that are in the wrong, it's the banking industry as a whole." - Steven Cooper, head of personal and business banking at Barclays, talking to Martin Lewis
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I really can't see any good in this at all. Is it a grubby kowtowing to Mrdoch to demonstrate that he is still the man because he knows of some skeletons that the Tories would rather not have displayed?I think....0
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Had a pasty once
I thought it tasted !!!!!!
Never been near one since0 -
add a fat tax of 100% to pasties instead.0
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I think there was a danger of a revolution in Cornwall, where they all live in caravans, work in pasty shops, and vote ConDem. MPs were scared of losing their seats to Cornish Nationalists."It will take, five, 10, 15 years to get back to where we need to be. But it's no longer the individual banks that are in the wrong, it's the banking industry as a whole." - Steven Cooper, head of personal and business banking at Barclays, talking to Martin Lewis0
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I think there was a danger of a revolution in Cornwall, where they all live in caravans, work in pasty shops, and vote ConDem. MPs were scared of losing their seats to Cornish Nationalists.
It's Cornish tin not British tin you know.
Westminster is taking their tin revenues and refusing to build motorways you know.0 -
Evidently, the HMRC advice on this was ridiculous. They proposed enforcing this by VAT inspectors testing the temperature of pasties with their fingers.
It almost makes me wonder if they thought that it was such a bad idea, that they made recommendations that no-one in their right mind would've accepted.
PS. He's still cutting his rich chums' income tax rate from 50% to 45% next April.The acquisition of wealth is no longer the driving force in my life.
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HMRC are still missing out on at least 20/40 billion a year on tax they could collect. Putting their fingers in pasties was an idea that could have only come from a malevolent source. I hope DC is proud of his achievement in this area given the diversion of scarce HMRC resources.
It is not really a U turn. if they are hot /warm from being baked then there is no VAT. If , a sale is made after subsequent heating in store by store personnel, then VAT is levied. Apparently the voluntary provision of a free microwave facility that is operated by the consumer , once the purchase has been made, can not attract VAT.
J_B.0 -
Joe_Bloggs wrote: »HMRC are still missing out on at least 20/40 billion a year on tax they could collect. Putting their fingers in pasties was an idea that could have only come from a malevolent source. I hope DC is proud of his achievement in this area given the diversion of scarce HMRC resources.
It is not really a U turn. if they are hot /warm from being baked then there is no VAT. If , a sale is made after subsequent heating in store by store personnel, then VAT is levied. Apparently the voluntary provision of a free microwave facility that is operated by the consumer , once the purchase has been made, can not attract VAT.
J_B.[/QUOTE
The VAT on heated food already exists as you say.
No doubt elf & safety, food safety inspectors would have something to say about the free microwave idea.
What bugs me is the relatively paltry sums that would be generated in relation to the consumer reaction and in the case of Caravans, the socio/economic cost of, the loss of jobs.
Never mind on a whim we could double the already ridiculous spend on opening and closing ceremonies at the Olympics."If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
If the aim was tax simplification then abolish VAT on heated food. Surely the knee jerk rise to 20% on other items is enough compensation.
J_B.0 -
The government is now signalling that the charity tax is also destined for the U-bend."It will take, five, 10, 15 years to get back to where we need to be. But it's no longer the individual banks that are in the wrong, it's the banking industry as a whole." - Steven Cooper, head of personal and business banking at Barclays, talking to Martin Lewis0
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