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www.independent.co.uk
3 months ago
UK news

Taxi tax' may lead to 5 million fewer trips to restaurants and pubs per year

The UK government's proposed taxi tax could result in 5 million fewer journeys to pubs and restaurants, negatively impacting the hospitality industry's recovery from the pandemic.
New legislation would require minicab firms to add VAT to fares, increasing the price of journeys by 20%. Research shows that a third of people would be less likely to take a taxi if prices were hiked by that amount. [ more ]
www.independent.co.uk
3 months ago
UK news

Judge defines Monster Munch in bizarre ruling on Walkers' poppadoms

Walkers' sensation poppadoms are classified as crisps for VAT purposes, meaning the company will have to pay the standard 20% VAT on the products.
The tribunal ruled that the poppadoms should be classified as snacks, similar to potato crisps, and therefore not eligible for zero-rated VAT. [ more ]
London Business News | Londonlovesbusiness.com
3 months ago
Cars

New figures shows the millionth pure battery electric car has been registered

The millionth pure battery electric car has been registered in the UK in January.
SMMT is urging the Treasury to temporarily cut VAT in half on pure battery electric vehicles. [ more ]
www.independent.co.uk
5 months ago
Education

Labour's private school tax plans may damage equality progress education chief

Labour's plan to charge VAT on private school fees could disproportionately impact girls' schools and hinder progress in gender equality.
The Girls' School Association (GSA) warns that if private schools are forced to close due to Labour's policy, there could be fewer options for girls' education.
Labour remains committed to implementing a 20% VAT on private school fees and ending tax exemptions for private schools in England. [ more ]
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