V.A.T.

[Dopey]

Thought this would have been a food product... with no VAT, why is this not so? for eliquids, I have to pay the vat, why is that?

[Deleted]

Not too fussed. Rather VAT than 95% tax on the cigs

Sent from my GT-I9300 using proboards

[Greg]

Because its not food

[OneDay]

Just be grateful it isn't legislated as either a tobacco product or a medicine. Compared to the price of fags or NRT eliquid is mighty cheap

[Dan]

Feb 8, 2014 14:46:49 GMT OneDay said:

Compared to the price of fags or NRT eliquid is mighty cheap

Especially if you make it yourself!

Dopey, why does your signature keep changing size?

One minute it's a reasonable size and the next it's half a page!

[fagin]

You should try vaping it instead of eating it. Much nicer.

[erik514]

Feb 8, 2014 14:29:42 GMT Dopey said:

Thought this would have been a food product... with no VAT, why is this not so? for eliquids, I have to pay the vat, why is that?

All my mods are far too chewy and the juice isn't very nice when tried in a shot glass so food and drink it definitely is not

[Vanessa]

VAT is only 5% on NRT. We don't want Ecigs to be NRT though....prefilled carts, max 20mg etc etc.

[markm]

Reminds me of the Jaffa cakes debacle - if they are cakes then VAT would be payable,
if they are biscuits then no VAT.
thanks to that conundrum we now have a legal definition of cakes and biscuits.
A cake will go hard when its stale - and a biscuit goes soft.

[djs]

Feb 8, 2014 18:07:25 GMT markm said:

Reminds me of the Jaffa cakes debacle - if they are cakes then VAT would be payable,
if they are biscuits then no VAT.
thanks to that conundrum we now have a legal definition of cakes and biscuits.
A cake will go hard when its stale - and a biscuit goes soft.

My life is complete.


Jaffa cakes "debacle". You crack me up....

[boyofford]

Feb 8, 2014 18:07:25 GMT markm said:

Reminds me of the Jaffa cakes debacle - if they are cakes then VAT would be payable,
if they are biscuits then no VAT.
thanks to that conundrum we now have a legal definition of cakes and biscuits.
A cake will go hard when its stale - and a biscuit goes soft.

Wrong way round I think.
Biscuits don't have vat as are considered non luxery item but only if they have less than 5% or 10% covering of chocolate, I forget exactly how much.

But cakes are non luxury so no VAT.

Jaffa cakes where proved to be cakes and not biscuits in the end by how they go when left out over night.... Biscuits go soft, cakes go hard it was argued in court..... All very daft lol.

Did a module on vat recently, it was daft story's like this that kept me going... Very dull subject.

[Deleted]

I wonder who had the lousy job of testing the Jaffa cakes? Imagine drooling and just having to sit there over night waiting for them to go hard

[Deleted]

Feb 8, 2014 19:52:39 GMT @munkymunky said:

waiting for them to go hard

sorry, the inner child took over 

[Romney]

Feb 8, 2014 16:06:03 GMT fagin said:

You should try vaping it instead of eating it. Much nicer.

[boyofford]