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Tgwu




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Join date : 2011-12-11
Location : Central Park (most days)

Pasties Empty
PostSubject: Pasties   Pasties EmptyTue May 29, 2012 8:54 am


That Union man as got it wrong again

From his twitter Good news Argyle fan will not be paying VAT on their pasties

Cold food is VAT-free and stays so. Hot takeaway food is VAT-able and stays so. The issue with sausage rolls and pasties was whether they were treated as hot or cold.
VAT will now not be charged on takeaway pasties and sausage rolls, providing they are not sold as hot food or kept hot after baking by the shop that sells them.
If they happen to have just come out of the oven and are hot when sold, they will still be treated for tax purposes like cold takeaway food - that is, they will be zero-rated. Simple really!
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PostSubject: Re: Pasties   Pasties EmptyTue May 29, 2012 9:02 am

Just been watching an article on ITV re this fiasco.....

It defies belief it really does.
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