Pirate FM News

Keep up to date with the latest news delivered direct to your Inbox.

Pasty Tax Scrapped

pasty
Delicious Submit this page to reddit

6:01am 29th May 2012

Cornwall has won the battle against the pasty tax.

The government is backing down after protests in the Duchy got too hot to handle.

Campaigners had warned slapping on VAT would have cost four hundred jobs in Cornwall.

Newquay and St Austell MP Stephen Gilbert has been trying to get it blocked. He said, "I think they will be dancing in the streets from Land's End to the Tamar. The government has dropped their flaky proposals to tax our Cornish proposals. It is something that will mean jobs are secure, that investment in the industry is secure and is something that should be welcomed by one and all."

The rethink follows a consultation period which ended on May 18th.

A Treasury source said: "We rightly consulted, listened and are glad we have a solution that is fair."

While a Treasury spokesman said: "The Budget announced a consultation on a change to VAT on hot takeaway food, designed to remove inconsistency and ambiguity in the system and level the playing field across the takeaway food market.

"After extensive engagement we have improved the policy, addressing practical concerns, ensuring that the new regime could be as simple as possible to apply.

"We have addressed these in a way that allows us to remove the inconsistent VAT treatment, while not imposing any additional requirement on businesses to test the temperature of their products."

Despite this, the VAT proposals remain complicated.

Under the new plans, tax will be charged on food that is provided hot or cooked to order.

It will also apply to items that are kept warm in hot cabinets or served in heat-retaining packaging – for example, a takeaway in foil-lined packaging.

Snacks which are advertised as hot will also be subject to the tax.

Camborne and Redruth MP George Eustice praised the Government's rethink. "This is great news for the Cornish pasty industry and resolves all of the problems that had been raised by the industry." he said.

"The Treasury should be given credit for the way they have approached the issue."

You can read the timeline of Cornwall's battle against the pasty tax here.

6:01am 29th May 2012

Share This Story

Delicious Submit this page to reddit
Suggested articles
pasty

Cornish Pasty Producer Buys Rival

It's thought to be a multi-million pound deal...

bank notes money

Cornwall's Council Tax Rise Moves Closer

Officials have backed a budget plan to save £120 million by 2020

Most read
lorry stuck at pentewan

UPDATE: Narrow Cornish Road - Lorry Gets Stuck

It took almost 24 hours to move it at Pentewan

police line

UPDATE: Woman Dies After A30 Crash

A toddler suffered minor injuries after the collision involving a tractor

Top articles

UPDATE: Treliske Back On Highest Alert

Cornwall News: The Royal Cornwall declared a 'level four' over the weekend

Pirate FM Cornwall News Update - 7th January 2016

Cornwall Video News: Officials say they’re holding talks to find new jobs for hundreds of workers in Bodmin.

Brexit: Supreme Court to rule on Article 50 case

National News: The Supreme Court is to deliver its long awaited judgment on whether ministers or Parliament have the power to start the Brexit process.

Business Cornwall News - Friday, 18th December 2015

Business Cornwall News: Cornwall is spearheading reform of the Uk’s business licensing laws following a a year-long project.

The Last Jedi: Name of Star Wars episode VIII revealed online

Showbiz News: The name for the hotly anticipated next installment of the Star Wars film franchise has been revealed as The Last Jedi.

Arrests after 'gang rape livestreamed on Facebook'

World News: Police have arrested three men in Sweden suspected of a gang rape that was livestreamed on Facebook.

Bernie Ecclestone no longer in charge of F1

Sports News: Bernie Ecclestone is no longer in charge of Formula One (F1) after almost 40 years in the driving seat.

Finally! After years of trying, China celebrates ballpoint pen breakthrough

Strange News: China has finally produced its own fully home-produced ballpoint pen after years of trying to master the complex techniques involved in making the delicate tips.

Newer article

Stadium for Cornwall Plans Rejected

Cornwall News: Council kills off plans by rejecting request for public money

Older article

Pasty Tax Timeline

Cornwall News: How Cornwall beat the Budget

Cornwall's Pirate FMPirate Extra Footer LogoEscape to Cornwall radioLoveCornwall.com - The Cornish Business DirectoryPirate Education and Training

 

© Copyright Pirate FM

Pirate FM cannot be held responsible for the content of external links.