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?
Does Darwin's theory apply to taxation? Colin ponders...
The UK tax gap fell in 2014-15 to its lowest-ever level of 6.5%, revealed official statistics published today
Changes to the tax system is urged to support the growth of entrepreneurs, found a report from the Grant Thornton UK, the Institute of Directors, and the Prelude Group
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states