A harsh winter is coming!

MSS · 20th December 2021, 12:45

Hobnobs maker warns biscuit prices set to soar

https://www.bbc.co.uk/news/business-59728325

Before people start, no it's not the BBC spreading gloom and doom. It is a news item based on a release from the manufacturer and being reported by many media channels. Not that I would expect anyone here to critisize the BBC for reporting news!

Dorset Bob · 20th December 2021, 13:35

A 5% increase is not much, compared to the 20% VAT on some of these goods.

Just to clarify, it should be noted that Hobnobs, due to the chocolate coating, are considered a luxury and therefore attracts VAT.
Jaffa cakes, are another matter, as they are considered to be cakes.
Cakes are considered to me essential food and therefore do not attract VAT.

Naturally, biscuits with chocolate chips are zero VAT, unlike chocolate coated biscuits.

Purchasers of Gingerbread men should therefore exercise extreme caution.
If he has chocolate eyes you will not be charged VAT as these eyes are deemed at chips.
However, if your Gingerbread man is donning something like a chocolate belt, you will be charged VAT on the whole thing (not just the chocolate coating of the belt).

I am not making this up!

VVC-Geeza · 20th December 2021, 15:21

Quote:

Originally Posted by MSS

Hobnobs maker warns biscuit prices set to soar

https://www.bbc.co.uk/news/business-59728325

That'll be +10% at the CO -OP then 😉

planenut · 20th December 2021, 15:28

Oh crumbs, I am broken.

20th December 2021, 12:45	#1
MSS This is my second home Rover 75CDT, Jaguar XF-S 3.0V6, V'xhall Omega V6 Estate, Twintop 1.8VVT, Astra Estate and Corsa 1.2 Join Date: Dec 2007 Location: Suffolk Posts: 7,085 Thanks: 283 Thanked 624 Times in 440 Posts	A harsh winter is coming! Hobnobs maker warns biscuit prices set to soar https://www.bbc.co.uk/news/business-59728325 Before people start, no it's not the BBC spreading gloom and doom. It is a news item based on a release from the manufacturer and being reported by many media channels. Not that I would expect anyone here to critisize the BBC for reporting news!

20th December 2021, 13:35	#2
Dorset Bob Senior Citizen Rover 75 2.5 Connoisseur SE,Chrysler 300C,124 Spider, Daytona 955i,Honda XL250 & Royal Enfield 650GT Join Date: Feb 2008 Location: The Kingdom of Wessex Posts: 6,976 Thanks: 2,391 Thanked 2,685 Times in 1,686 Posts	A 5% increase is not much, compared to the 20% VAT on some of these goods. Just to clarify, it should be noted that Hobnobs, due to the chocolate coating, are considered a luxury and therefore attracts VAT. Jaffa cakes, are another matter, as they are considered to be cakes. Cakes are considered to me essential food and therefore do not attract VAT. Naturally, biscuits with chocolate chips are zero VAT, unlike chocolate coated biscuits. Purchasers of Gingerbread men should therefore exercise extreme caution. If he has chocolate eyes you will not be charged VAT as these eyes are deemed at chips. However, if your Gingerbread man is donning something like a chocolate belt, you will be charged VAT on the whole thing (not just the chocolate coating of the belt). I am not making this up! __________________ Let the good times roll............

20th December 2021, 15:28	#4
planenut Regional Secretary Rover 1.8T Tourer Join Date: May 2007 Location: Heathrow Posts: 6,955 Thanks: 1,551 Thanked 2,036 Times in 1,264 Posts	Oh crumbs, I am broken.