The Tax Factor - Episode 67 - When is a sports drink not a sports drink?

Rehana Earle and Melissa Thomas look at the tax stories making headlines including the impact of HMRC staff strikes during the self-assessment filing season, and a Russian financier’s unusual claim that his bacon-smoking factory (complete with a wine cellar, pool room, and 40-foot bar) qualifies as a commercial space. They also discuss the curious case of a taxpayer hit with late filing penalties despite having no UK tax liability and a game-changing VAT tribunal ruling that reclassifies powdered food supplements after a challenge to their classification as sports drinks.See omnystudio.com/listener for privacy information.