Wednesday 23 March 2011

Budget Day! And Book Launch Day!

The excitement never ends here at Mel and Tim Towers.

It's the Budget.  There is a chance that you may not realise just how much fun tax really is.  Let's have a look at VAT (yay, I hear you cry). 

The following is true.

For VAT purposes, biscuits wholly or partly covered in chocolate are standard rated.

Alll other biscuits are zero rated. 

Cake is zero rated. 

How do you tell the difference between cake and biscuit?

I'm glad you asked. 

On going stale,

- cake goes hard

- biscuits go soft

Isn't that lovely?

See you later tonight!

M&T x 

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