A judge’s decision that marshmallows are not sweets because they may be roasted and consumed off of a stick has resulted in a confectionery company winning a significant tax dispute. It means one of Britain’s top confectionary firms, Innovative Bites Ltd., can dodge a £470,000 value-added tax bill. The firm that imports American ‘sweets and treats’Continue reading “A Judge Rules Marshmallows Are Not Sweets After Finding The Treats Can Be Roasted And Eaten Off A Stick And Are Therefore VAT Exempt”
Tag Archives: Taxes
Bankrupt Labour-Run Local Authorities Threaten To Hike Council Tax To Balance Their Books By Turning Off Streetlights And Cutting Bin Collections
Residents of Birmingham will see significant increases in council taxes along with reduced services as the “bankrupt” town hall joins a growing number of local governments in their financial crunch. City councillors are set to vote on a ‘devastating’ package that would see taxes rise nearly 10 percent in each of the next two years—aroundContinue reading “Bankrupt Labour-Run Local Authorities Threaten To Hike Council Tax To Balance Their Books By Turning Off Streetlights And Cutting Bin Collections “
In The Budget, Jeremy Hunt Targets Smokers And Vapers
The price of a packet of cigarettes could hit £16 as Jeremy Hunt targets smokers and vapers in the budget. To discourage kids from being drawn to vaping devices, the Chancellor plans to introduce a new tax that will generate income for the Treasury. Tobacco levies will be increased in the budget package the followingContinue reading “In The Budget, Jeremy Hunt Targets Smokers And Vapers”
As A Result Of High Court Ruling, Taxi Fares Could Rise By 20 Per Cent
Taxi fares across the United Kingdom could increase by 20 per cent after a High Court ruled that companies, rather than drivers, are responsible for contracts. The Times said that the ruling, which came following a legal battle with Uber, means that taxi companies could be responsible for charging VAT. Under existing rules, private hireContinue reading “As A Result Of High Court Ruling, Taxi Fares Could Rise By 20 Per Cent”
What A Load Of Rubbish!
Rotting piles of decaying waste have been lining the streets of the East End in the second week of a month-long walkout by refuse collectors. Residents, politicians and tourists urged Tower Hamlets council to urgently come to a deal with the striking workers as rotting food and discarded nappies lay in mounds up to 6fContinue reading “What A Load Of Rubbish!”
Can Rishi Sunak Win The Election Next May?
Rishi Sunak is set to slash the despised inheritance tax and secure the triple lock that guarantees state pension payments ahead of the next election, fuelling speculation he could go to the country as soon as May. The Prime Minister could make an announcement on IHT before the Conservative Party Conference next week, pledging toContinue reading “Can Rishi Sunak Win The Election Next May?”
It Wasn’t Until His Children Were 10 That Sir Keir Starmer Let Them Eat Meat
Sir Keir Starmer has admitted he didn’t let his children eat meat until they were 10 years old. The Labour leader, a pescatarian, said he and his vegetarian wife Victoria didn’t have meat or fish in the house when they were raising their son and daughter. At the age of about 10 years old, theyContinue reading “It Wasn’t Until His Children Were 10 That Sir Keir Starmer Let Them Eat Meat”
There’s A Possibility That Sadiq Khan’s Much-Criticised Expansion Of The ULEZ Scheme Will Be Scrapped
Sadiq Khan could be forced to ditch his planned expansion of London’s ultra-low emission zone (ULEZ) after being dealt a fatal blow to Labour in last week’s Uxbridge by-election. The Mayor of London is now being told by the party’s top brass to think again about the much-hated scheme which has sparked protests from peopleContinue reading “There’s A Possibility That Sadiq Khan’s Much-Criticised Expansion Of The ULEZ Scheme Will Be Scrapped “
Let’s Forget About Bunsen Burners And Algebra
A poll shows, forget algebra or playing the recorder, most of us would prefer to have been taught real-world skills at school such as changing a car tyre or applying for a mortgage. More than half of those questioned said the skills they learnt in the classroom hadn’t helped them in later life. The fourContinue reading “Let’s Forget About Bunsen Burners And Algebra”
It’s Imperative That The Floundering Tories Find A Purpose
It hardly needs saying, but this has been another depressing week for the Conservative Party. More catastrophic economic news, more policy bloopers, more self-inflicted wounds, all conveying a distinct impression that the government is running out of both ideas and steam. True, the Bank of England’s inability in handling inflation is entirely to blame forContinue reading “It’s Imperative That The Floundering Tories Find A Purpose”