Will it be a white Xmas? And if it is will there be VAT on it?
A recent tribunal ruled that snowballs are zero-rated but only if they are covered in chocolate, sugar strands or coconut and have the essential features of a cake. Useless in snowball fights but tasty nonetheless.
Sadly, the definition of “snowballs” doesn’t extend beyond the cakey variety but at least a stocking filler just got 20% cheaper.
Merry Xmas!
