pasty tax

A consortium featuring former England footballer Danny Mills has acquired West Cornwall Pasty Company after the firm collapsed into administration on Friday.

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Sandwich franchise Subway has confirmed it is taking its appeal against VAT on its toasted products to the Court of Appeal.

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Following the defeat of a tribunal appeal against HMRC's assessment of

Subway franchises have lost an appeal concerning the VAT liability of their toasted subs and 'meatball marinara'. 

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Following weeks of protests the coalition government has climbed down on two VAT measures announced in the Budget, including the ‘pasty tax’ and a new charge on static caravans.

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Hundreds of bakers have protested at Downing Street against plans to make hot takeaway foods such as pasties subject to 20% VAT, reports Nick Huber.

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South West accountancy firm Bishop Fleming has taken up arms on behalf of the Cornish pasty after the government announced hot pasties will now be subject to 20% VAT.

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