date:May 30, 2012
Under the new proposal, which will be announced by Chancellor George Osborne, hot takeaway food that is left to cool naturally will not be subject to VAT. This means that takeaway foods such as pasties and other snacks, which are not served directly from the oven and are left to cool in the glass cabinet, will not be subject to tax.
However, VAT will be applicable on foods that are kept hot by naturally delaying the cooling process - by using equipment such as heated cabinets, hot plates and he