Today's Dilemma: Cake or Biscuit?

Under UK law, VAT on cakes and biscuits is set at 0%. But if a biscuit is covered partially or wholly in chocolate, it will be taxed at a standard rate - 17.5%. :face_with_monocle:

McVitie’s Jaffa Cakes went to court to prove how they are a cake and not a biscuit!

What a delicious dilemma to be in! :yum:

See this week’s Crazy Tax Story and read all about it on Bytes.

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Hey wow, I was just reading about this yesterday! How crazy is that!

Also, what a world to live in!! :stuck_out_tongue:

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@riya_gupta another reason for it to be a #crazytaxstory :wink:

Wow wow what a delicious story, indeed.
Do let me know the verdict.

Hey @Rashi_Arora

Subscribe to Bytes to know the verdict on that one :wink:

No matter how much you love biscuits or cakes.

Taxes never dessert you.

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