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The Nakd truth that has cost Morrisons £1m


Morrisons has lost a million-pound tax battle after a judge ruled a snack bar based on date fruit is confectionery and not a cake.
The supermarket said it had overpaid £1million in VAT to HM Revenue and Customs over 18 types of the bar, which they said had been wrongly rated for tax, between 2014 and 2018.
In February Morrisons appealed against HMRC s decision to class Nakd bars as confectionery and its refusal to repay £1,000,163.39.
Morrisons claimed it overpaid to HM Revenue and Customs as its Nakd bars should have the zero VAT rating as cakes
The supermarket argued the bars, coming in fruit and nut mixes including banana bread and lemon drizzle, are not confectionery and should have the same VAT zero rating as cakes.  ....

Anne Redston , February Morrisons , Judge Anne Redston , Judge Redston , Cocoa Orange , Cocoa Delight , Lemon Drizzle , Bakewell Tart , Nakd Bars , கோகோ ஆரஞ்சு , கோகோ மகிழ்ச்சி , எலுமிச்சை தூறல் , பேக்வெல் புளிப்பு ,

Morrisons loses £1m VAT appeal after Nakd bars ruled confectionery and not cakes


By
Press Association 2021
The Morrisons store in Wakefield, Yorkshire which will host drive-through vaccinations from Monday as the government continues to ramp up the vaccination programme against Covid-19 (Danny Lawson/PA)
Supermarket giant Morrisons has lost a million-pound tax battle after a judge ruled a date-based snack bar is confectionery and not a cake.
The retailer claimed it had overpaid £1 million in VAT to HM Revenue and Customs (HMRC) over 18 types of the bars, which they said had been wrongly rated for tax, between 2014 to 2018.
In February, Morrisons appealed to a tax tribunal against HMRC’s decision to class Nakd bars as confectionery, as well as appealing against the tax body’s refusal to repay £1,000,163.39 in VAT paid on the bars. ....

Anne Redston , Judge Anne Redston , Blueberry Muffin , Berry Delight , Judge Redston , Cocoa Delight , Lemon Drizzle , Bakewell Tart , Nakd Bars , புளுபெர்ரி மஃபின் , பெர்ரி மகிழ்ச்சி , கோகோ மகிழ்ச்சி , எலுமிச்சை தூறல் , பேக்வெல் புளிப்பு ,