HMRC vs giant marshmallows: are they confectionery or fire-toasting food?
The ongoing giant marshmallow case has finally concluded, with HMRC deciding not to appeal. The VAT dispute hinges on whether these oversized treats are confectionery or fire-toasting food, and the ruling suggests that size and intended use can matter a great deal in tax law ... Is a giant marshmallow a sweet treat or a fire-toasting essential? It's no surprise HMRC thinks differently to the manufacturer This has been a long-running dispute, and it has now reached an interesting turning point, as HMRC has decided not to pursue an appeal after losing on the VAT issue. For Innovative Bites Limited, the company behind Mega Marshmallows, this means a £470,000 bill is now much less likely to land. At the heart of the matter is a simple question: when | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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