VAT on energy drinks - soon

Team4Luke
Team4Luke Posts: 597
edited June 2012 in Road general
Heard, well someone told me mentioned in CW recently, is there a move to add this to energy drinks ?
Team4Luke supports Cardiac Risk in the Young

Comments

  • thistle_
    thistle_ Posts: 7,218
    It's on 'nutrutional products', so I don't know it applies to isotonic drinks but it does to energy gels.

    It was announced in the budget, there was a consultation on it: http://customs.hmrc.gov.uk/channelsPort ... OD1_031984 closed on 18th May. Not sure what the outcome was for sports stuff but they backed down on some aspects after lobbying.
  • Team4Luke
    Team4Luke Posts: 597
    I will mail my supplier and see what they know.
    Team4Luke supports Cardiac Risk in the Young
  • Team4Luke
    Team4Luke Posts: 597
    found this, our supplier are not happy and sent me the link

    http://epetitions.direct.gov.uk/petitions/31893
    Team4Luke supports Cardiac Risk in the Young
  • DIESELDOG
    DIESELDOG Posts: 2,087
    It will apply to all energy products, currently some, depending on the flavour (WTF??) do carry VAT. Torq being an example. The only exception to the rule so far seems to have been SiS, but that is starting to change, but as from October 1st all will be subject to VAT.

    Not quite sure who will have to suck up the increase but I dare bet the RRP's will go up so I suggest you stock pile as most have a good date line on them.

    Love n hugs

    DD
    Eagles may soar but weasels don't get sucked into jet engines.

    www.onemanandhisbike.co.uk
  • Team4Luke
    Team4Luke Posts: 597
    Torq is my club supplier.
    Team4Luke supports Cardiac Risk in the Young
  • Leeuw
    Leeuw Posts: 99
    It varies depending on ingredients - years ago, only anything with chocolate or choc flavouring carried VAT. Now, it would appear it's more complicated that that - the majority of ZipVit already carries VAT as does the entire Gatorade range...

    Just don't invent a Cornish pasty based energy product, that could be taxed to Kingdom come :lol:
  • migrantwing
    migrantwing Posts: 385
    As if the b*stards don't take enough of us!
    Ghost Race 5000 (2011) Shimano 105 Black
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  • chris_bass
    chris_bass Posts: 4,913
    all extra VAT from energy drinks commonly used by cyclists should be used to make the road surfaces better!! I'll get Boris on the case, i'm sure he'd be up for that!
    www.conjunctivitis.com - a site for sore eyes

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