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14 Creative ways to beat Gideons VAT raise...

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default 14 Creative ways to beat Gideons VAT raise...

Post by Adrian on Wed Jan 05, 2011 3:07 am


  1. Insulate your home – insulation materials are charged at a discounted 5%. Stick it to the man by lagging your loft this winter.
  2. Choose your pets wisely – VAT is paid on pet food for cats, dogs, hamsters, ferrets and guinea pigs, but not on feed for chickens or rabbits.
  3. Stop smoking – Nicotine patches enjoy a discounted rate of VAT, while cigarettes are loaded with extra taxes.
  4. Take a bath – it’s good to save water, but it’s also good to luxuriate in the knowledge that your bathwater is untaxed.
  5. Buy a caravan – invest in a lifetime of VAT-free vacation. Just make sure the caravan is over 7 metres long, or it doesn’t count.
  6. Eat fresh – generally speaking, fresh fruit, vegetables and meat are zero rated, while many processed foods are taxed. And learn to cook – VAT is levied on catering and eating out.
  7. Buy secondhand – VAT only applies to new goods – outsmart the tories in a secondhand suit.
  8. Take the biscuit – if the chips in your chocolate chip cookies are mixed into the dough, they are VAT exempt. If the cookies are decorated with chocolate chips on the surface, VAT applies. If you want to know the logic of this, I can only suggest you write to Gideon Osborne.
  9. Read more – laugh in the face of tax rises by buying books, magazines and newspapers.
  10. Navigate old school – VAT is levied on SAT nav systems, but not on maps.
  11. Gamble more – Best ignore this one perhaps, but gambling, bingo and the lottery are tax exempt.
  12. Get a scooter – if you’re after a new car, consider a mobility scooter instead, and out-run Osborne with VAT exempt transport.
  13. Travel by helicopter – good news! Both the sale and hiring of helicopters are VAT exempt.
  14. Wear children’s clothes – if you’re small, beat the taxman by shopping in the children’s section.

To explore more ways to beat the taxman, [You must be registered and logged in to see this link.].

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Adrian
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default Re: 14 Creative ways to beat Gideons VAT raise...

Post by Wilhelm Von Rhomboid on Wed Jan 05, 2011 6:14 am

I'd like to know how to avoid paying tax like Gideon manages to dodge £1.6 million of tax he should be paying.

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Wilhelm Von Rhomboid

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default Re: 14 Creative ways to beat Gideons VAT raise...

Post by Chilli-head on Wed Jan 05, 2011 8:38 am

Badger wrote:Navigate old school – VAT is levied on SAT nav systems, but not on maps.

Or if you use a Sat Nav, and are not a US citizen, rest contented in the fact that you are freeloading on the US taxpayer, who has bourne the extraordinary cost of the hardware you are using. Very good value really !
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default Re: 14 Creative ways to beat Gideons VAT raise...

Post by Wilhelm Von Rhomboid on Wed Jan 05, 2011 8:56 pm

Badger wrote:
[*]Take the biscuit – if the chips in your chocolate chip cookies are mixed into the dough, they are VAT exempt. If the cookies are decorated with chocolate chips on the surface, VAT applies. If you want to know the logic of this, I can only suggest you write to Gideon Osborne.

Let them eat cake! In fact VAT is charged on biscuits, but not on cake. So a chocolate digestive is VAT-able, whereas a Jaffa cake is not. And if you want to be able to tell the difference: a biscuit is something that starts hard and becomes soft with age, whereas a cake starts soft and becomes harder with age. This is not a spurious distinction I have made up, that is the HMRC definition.

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Wilhelm Von Rhomboid

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default Re: 14 Creative ways to beat Gideons VAT raise...

Post by Compostwoman on Wed Jan 05, 2011 11:13 pm

That takes the biscuit, that does.

Compostwoman

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default Re: 14 Creative ways to beat Gideons VAT raise...

Post by Sparhawk on Thu Jan 06, 2011 4:11 am

Eat in the House of Commons dining rooms, the v.a.t. isnt going up on their food, allegedly, Oh yes you can contemplate the menu whilst you have a cigarette as the smoking ban doesn't apply either...

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default Re: 14 Creative ways to beat Gideons VAT raise...

Post by Hairyloon on Thu Jan 06, 2011 9:44 am

Chilli-head wrote:Or if you use a Sat Nav, and are not a US citizen, rest contented in the fact that you are freeloading on the US taxpayer, who has bourne the extraordinary cost of the hardware you are using.
Good. It is about time we got some payback.
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