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Community | June 02, 2008 | 0 comments

BBC NEWS | World | Europe | Teacake set to cost taxman £3.5m

source: http://news.bbc.co.uk/1/hi/world/europe/7340101.stm

troyka
added this

http://news.bbc.co.uk/1/hi/world/europe/7340101.stm

The UK Treasury is facing a £3.5m bill, because of VAT wrongly imposed on a Marks and Spencer teacake, the European Court of Justice (ECJ) has ruled.

Customers paid VAT for 20 years before the authorities accepted the product was a cake, which does not command VAT.

0 comments // BBC NEWS | World | Europe | Teacake set to cost taxman £3.5m

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BBC NEWS | World | Europe | Teacake set to cost taxman £3.5m

0 comments // BBC NEWS | World | Europe | Teacake set to cost taxman £3.5m

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BBC NEWS | World | Europe | Teacake set to cost taxman £3.5m

0 comments // BBC NEWS | World | Europe | Teacake set to cost taxman £3.5m

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