Osborne reverses controversial 'pasty tax' as long as takeaway food is cooling

[AtW]

The hated ‘pasty tax’ is to be reversed, George Osborne is to announce.

The Chancellor will write to MPs on the Treasury select committee to reveal that as long as hot takeaway food is cooling naturally, it will not be subject to VAT, as planned.

It means pasties, and other hot snacks that are not served straight from the oven and are allowed to cool down in a glass cabinet will continue to be tax-free.

The Chancellor will also announce a retreat on another controversial measure in his badly received March Budget - a proposal to levy VAT at 20 per cent on static holiday caravans.

Instead, they will be subject to just five per cent VAT.

Both VAT rises prompted uproar among Tory MPs in the regions -- with particular anger in the South West at the pasty tax and in the North over the caravan levy.

Source: http://www.dailymail.co.uk/news/arti...d-cooling.html

[NickFitz]

I'm hoping for a celebratory discount at my local Greggs tomorrow

[kingcook]

It means pasties, and other hot snacks that are not served straight from the oven and are allowed to cool down in a glass cabinet will continue to be tax-free.

Phew!!! Fank thuck for that. I thought this country was going to the dogs. Mr Osborne has just restored all faith.

Hooo-rahhhh!!!!

[Diver]

There goes the collective cuk waistline

[ChrisPackit]

Great news!! Now my kids can happily continue on their way to becoming super morbidly obese.

[EternalOptimist]

Brilliant one Ozzie. now if he just removes the tax on whippets and flat caps, we can have a street party

[oscarose]

The country has gone to the dogs. Pasties are the no. 1 priority?

[d000hg]

Great news!! Now my kids can happily continue on their way to becoming super morbidly obese.

If only they had a parent to teach them not to.

[Spacecadet]

It means pasties, and other hot snacks that are not served straight from the oven and are allowed to cool down in a glass cabinet will continue to be tax-free.

So anything in a hot glass cabinet is still subject to VAT?

[DimPrawn]

Reduce VAT rate and put VAT on everything. Simplify and harmonise all taxes. Idiotic ****tard govt.