ANY regular readers of this diary will know just how much TS loves a bargain – and confectionery.
Imagine, then, our delight when those two great joys met as a result of a recent tax tribunal. A Scottish court ruled snowballs, the much-loved marshmallow snack, are sufficiently cake-like to be zero-rated.
As you can imagine, we headed straight to the nearest shop and loaded up on those lovely snowy treats, safe in the knowledge the 20% rate didn’t apply.
We feel a little ill now, though. Why do we never learn?
The England and Wales Cricket board has hit HMRC for six in its VAT battle with the government department
EC adopts rules on the reporting by multinational companies of tax-related information
A thorough government review into the efficiency of HMRC is badly needed, the president of the ATT has claimed
The search engine's tax affairs have come under further scrutiny following a dawn raid on its Paris offices