choccy biscuits are considered a luxury item and so are subject to full VAT
your humble chocolateless digestive isn't, so is zero rated
cakes are also zero rated for VAT
(or maybe VAT exempt - there is a technical difference but ultimately the VAT paid is the same)
Posted By: Ralf Scrampton on June 22nd 2010 at 16:08:35
Message Thread
- Increase in Income Tax Personal Allowance (General Chat) - lmc, Jun 22, 15:57:14
- depends on what you spend it on (General Chat) - Ralf Scrampton, Jun 22, 16:03:57
- really, why? (n/m) (General Chat) - shoddy, Jun 22, 16:05:05
- choccy biscuits are considered a luxury item and so are subject to full VAT (General Chat) - Ralf Scrampton, Jun 22, 16:08:35
- One's a cake, the other's a biscuit. (General Chat) - Arizona Bay, Jun 22, 16:05:55
- Cakes are exempt of VAT, biscuits aren't (n/m) (General Chat) - lmc, Jun 22, 16:05:34
- Yes, QI told me that the other day! (n/m) (General Chat) - lmc, Jun 22, 16:04:32
- dont start that again (n/m) (General Chat) - Only1Doherty, Jun 22, 16:04:22
- really, why? (n/m) (General Chat) - shoddy, Jun 22, 16:05:05
- cheers for the tip on Zigoni. incredible player! (n/m) (General Chat) - Only1Doherty, Jun 22, 16:01:10
- No problem, you managed to sign him then? (n/m) (General Chat) - lmc, Jun 22, 16:01:38
- yeah changed expectations to "avoid relegation" from "attempt" and got ?26m transfer kitty (n/m) (General Chat) - Only1Doherty, Jun 22, 16:02:34
- Score! Who else did you sign? (n/m) (General Chat) - lmc, Jun 22, 16:03:03
- majewski on a free, Lallana, Benik Afobe and Godwin Antwi. all doing a job (n/m) (General Chat) - Only1Doherty, Jun 22, 16:04:11
- oh and Febian Brandy. quality Man U youngster (n/m) (General Chat) - Only1Doherty, Jun 22, 16:06:19
- He's always been shite when I've played (n/m) (General Chat) - lmc, Jun 22, 16:07:11
- guess it differs on peoples games. scored 28 in my Champs season (n/m) (General Chat) - Only1Doherty, Jun 22, 16:11:12
- He's always been shite when I've played (n/m) (General Chat) - lmc, Jun 22, 16:07:11
- oh and Febian Brandy. quality Man U youngster (n/m) (General Chat) - Only1Doherty, Jun 22, 16:06:19
- majewski on a free, Lallana, Benik Afobe and Godwin Antwi. all doing a job (n/m) (General Chat) - Only1Doherty, Jun 22, 16:04:11
- Score! Who else did you sign? (n/m) (General Chat) - lmc, Jun 22, 16:03:03
- yeah changed expectations to "avoid relegation" from "attempt" and got ?26m transfer kitty (n/m) (General Chat) - Only1Doherty, Jun 22, 16:02:34
- No problem, you managed to sign him then? (n/m) (General Chat) - lmc, Jun 22, 16:01:38
- depends on what you spend it on (General Chat) - Ralf Scrampton, Jun 22, 16:03:57
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