Tuesday 3 April 2012

The Unworkable Pasty Tax



Good luck to HMRC in trying to make George Osborne's pasty tax workable in the real world.

Ken McMeikan, Chief Executive of Greggs, writing in The Northerner said:
"Under the Chancellor's proposals, any food that is sold "above ambient air temperature" will become subject to VAT, whilst those products that are served "at or below ambient air temperature" will not be. This will mean that some savouries will become subject to VAT depending on how long after they are taken out of the oven they happen to be sold.
This will create enormous complications and confusion for our staff and our customers. We sell over 300m savouries a year, and we strongly believe that legislation that requires us to determine the temperature of the product before it is sold is unworkable."
Wee Georgie and his chums don't really have to worry about such matters, because they eat pasties that are subsidised by the taxpayer.

Tax does have to be taxing.

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