Ministers facing growing pressure to U-turn over ‘mask tax’ as Labour claims failure to extend suspension of VAT payable on PPE could cost families extra £100 over next six months VAT on PPE has been suspended since May but the cut is due to end in November Labour has called reimposition of VAT a ‘mask … Read more
The cost of face masks is set to rise by a fifth from next week as the Government comes under fire for refusing to extend the VAT freeze on PPE. Treasury officials have told retailers that the six-month VAT holiday on personal protective equipment would come to an end on October 31. The 20 per … Read more
UK Government is blasted for refusing to extend VAT freeze on medical PPE despite daily Covid cases rising above 20,000 and hospital beds filling up An email seen by MailOnline to industry representatives from the Treasury confirmed 20 per cent VAT on PPE will resume from 31 October The increase will be passed on to … Read more
Jacqueline Jossa’s ‘business under investigation as her company owes more than £32,000 in tax’ A source said Jacqueline is ‘fully co-operating with the liquidator’s queries and that the investigation was purely routine and did not relate to tax bills’ By Eve Buckland For Mailonline Published: 08:22 BST, 14 October 2020 | Updated: 08:48 BST, 14 … Read more
Boss of fashion giant Kurt Geiger slams Rishi Sunak’s decision to axe duty-free shopping as ‘ludicrous’ Kurt Geiger boss Neil Clifford has slammed decision to stop duty-free shopping He has called the ‘ludicrous’ decision to end VAT refunds a ‘staggering own goal’ Chancellor Rishi Sunak announced the proposed policy change in September By Francesca Washtell … Read more
Rishi Sunak must CUT and simplify taxes to revive the economy after hammer blow from coronavirus lockdown, warn economists Institute of Economic Affairs report calls on Rishi Sunak to reform tax system It suggests Chancellor can learn the lessons from recent history to boost growth Report calls for income tax to be capped at 40 … Read more
Subway sandwiches are too sugary to meet the legal definition of being BREAD, Ireland’s Supreme Court rules The sandwiches could not be categorised as a staple food, Supreme Court ruled Due to their high sugar content, which stands at 10pc of weight of flour in dough Ruling ends a 14-year battle by the global takeaway … Read more
Archaeologists have uncovered the first Iron Age wine press in Lebanon, dating from the 7th century BC. Excavations at the ancient settlement of Tell el-Burak near the city of Sidon uncovered the well-preserved press, which was constructed from plaster made by mixing lime and recycled ceramics. Wine makers would have stomped the grapes in the … Read more