The pasty faced Chancellor, George Osborne, has backed down on his Pasty Tax. Oh, and the Caravan tax too.
Pasties and other bakery items will no longer attract Vat if they are “cooling down” after being removed from the oven. The Chancellor controversially proposed in the budget that any food served above ambient temperature would be taxed at 20 percent to address an “anomaly” in the system. He also said that plans to tax static caravans at 20 percent will be altered. They will now attract Vat at a reduced rate of five percent from next April. Static caravans do not currently attract any Vat.
Both these planned tax increases were hailed in the Budget and that was only a month or so ago, and the feeling is that this is a Government without real purpose, lacking effective leadership, making error after error. The only thing more horrific than having to ensure the Coalition would be the return of Labour and yet that seems more and more likely. Linking to the Lib-Dems may have gotten Cameron into Downing Street but this half baked incompetent apology of a Government may ensure that he is booted out in but a few years and the UK then destroyed by a resurgent even more left wing Labour Party, promising the earth moon and the stars as it steers us for the rocks, again.