A tax too far?

Pretzel tax
Pretzel tax Photo: ITV Meridian

Jobs at risk and expansion plans on hold. The warning from a business owner in Berkshire tonight who is criticising the Government over the so-called 'pastie tax'. The Chancellor announced proposals in March that sees the introduction of 20 per cent VAT on hot food sold by bakeries and supermarkets. That sees the average price of a pasty or sausage roll rising from 2 pound 50 to 3 pounds. Today Robert Burton who runs a pretzel company in Reading says the added tax could cost his customers 900 thousand pounds a year.