Nice summary of issues here . Charges for loo roll, none for caviar: strange quirks of the UK’s VAT rules | Tax | The Guardian theguardian.com/money/2024/feb…

Looking up bras on the internet one finds some very surprising things, which I would not tweet but which most definitely should not have a VAT exemption. I only looked for work purposes- honest!

This is a wonderful e.g.
I am thinking about the judges having to solemnly examine the product in court.

NEW TOOL: Think you've got what it takes to be the Chancellor?

Try our brand new interactive tool, created by Institute for Fiscal Studies researchers in partnership with Nesta.

Be the Chancellor and share your results > ifs.org.uk/bethechancellor

Society of Radiographers- I respect your medical views very much and what you say about well fitting bras from a health point of view is important, but please stick to your expertise and respect the views of those who know about tax policy.

More VAT exemption nonsense. ⁦Rita de la Feria⁩ ⁦Dan Neidle⁩
Incidence of VAT reduction unclear but seems suppliers and better off benefit most. Leave it to market competition. ‘Bras boost health and should not come under VAT, say radiographers’

thetimes.co.uk/article/c51acb…

Sorry. Just one more point..

There’s an exact equivalent to this.

When a man knowingly & purposefully decides to walk behind a woman down a dark or deserted street. Quickens his footsteps when she does. Crosses the road when she does.

Some men get excited & exhilarated by the…

I am not a day of season,
For thou mayst see a sunshine and a hail
In me at once...

HMRC’s short policy paper highlighting the “bespoke solution” to Brexit and the interpretation of VAT in accordance with the new section 28, Finance Act 2024. #VAT

Join us 11am today for the CIOT/Institute for Fiscal Studies Online Debate:
Should VAT be charged on private school fees?
Stuart Adam
Sam Freedman Sam Freedman
Julie Robinson Julie Robinson
Education tax specialist Kerry Sykes
CIOT Dep Pres Charlotte Barbour (Chair)
presenta.co.uk/CIOT/IFS/15042…
#ciotifsdebates

Son about to be on a tax panel so I am now officially ancient. ( And I won’t be able to interrupt him 😂).

Very little ever changes in politics

Such a pity- why is BBC destroying itself?

Feel very sympathetic- however much he denies it some people will believe it. If someone is still alive, surely the author should check?

Very important!

Are you self-employed?

Check how the changes to National Insurance contributions will affect you.

✅ Main rate cut from 9% to 6%.

✅ No longer required to pay Class 2 NICs.

Find out more ⬇️