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’ By Eve Buckland For Mailonline Published: 08:22 BST, 14 October 2020 | Updated: 08:22 BST, 14 October 2020 Jacqueline Jossa’s business is being investigated after the company was put into voluntary liquidation owing more than £32,000 in tax, according to new … Read more
Increasing taxes to pay for the Covid crisis would be ‘an act of self-sabotage’ which would derail Britain’s economic recovery, Rishi Sunak was warned last night. The Chancellor has repeatedly signalled that tax rises will be needed to repair the battered public finances. With Britain’s national debt topping £2trillion for the first time and borrowing … 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
McDonald’s will slash prices on Big Macs, Chicken McNuggets and Happy Meals from TODAY after Chancellor Rishi Sunak cuts VAT to 5% Chicken McNuggets, Happy Meals, and The Quarter Pounder to have price cut McDonald’s had recommended franchisees reduce the prices on menu items Comes after Rishi Sunak announced cut in VAT for hospitality and tourism … Read more
Maps that chart the Spanish Armada’s defeat are blocked from leaving Britain in bid to find buyer to stump up £600,000 Maps are believed to have been drawn immediately after the decisive battle in 1588 that stopped the Spanish Reviewing Committee on the Export of Works of Art and Objects of Cultural Interest placed export … Read more