Another fine example of the lunatic complexities of UK taxation. Maybe Rachel from Accounts will spend it wisely. Ho Ho Ho.
Morrisons on brink of £17m bill after losing court battle over rotisserie chickens
Morrisons could be hit with a £17m bill after losing a lengthy legal battle over its rotisserie chickens. The UK supermarket chain has been fighting a 13-year dispute in court to prevent value added tax (VAT) from being added to the chickens. However, the UK High Court ruled on Thursday that the product should be subject to the charge of 20%, as it falls under the category of hot food.
Morrisons argued that its rotisserie chickens should be exempt from VAT because the product is typically eaten cold or reheated later in the day. But, the ruling on December 11 said that the supermarket chain sold the items in packaging for hot food with a label which reads: "Caution: Hot Product".
Morrisons could be hit with a £17m bill after losing a lengthy legal battle over its rotisserie chickens. The UK supermarket chain has been fighting a 13-year dispute in court to prevent value added tax (VAT) from being added to the chickens. However, the UK High Court ruled on Thursday that the product should be subject to the charge of 20%, as it falls under the category of hot food.
Morrisons argued that its rotisserie chickens should be exempt from VAT because the product is typically eaten cold or reheated later in the day. But, the ruling on December 11 said that the supermarket chain sold the items in packaging for hot food with a label which reads: "Caution: Hot Product".
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