HMRC roasted by ‘mega’ marshmallows after Tax Tribunal dismisses appeal TAX A London-based wholesaler of American sweets and treats, Innovative Bites, appealed after the HMRC decided that 'mega marshmallows' was confectionery and ought to have been standard rated.
VAT threshold raised to £90,000 in boost for small businesses – but pubs still feeling the pinch Small business Hard-pressed small business owners were thrown a lifeline on Monday after the government rolled out an increase to the VAT threshold.