A snowball's chance...
We are talking about the confectionary form of snowballs here, not the handfuls of compacted snow children throw around when the precipitation arrives in frozen flakes.
A confectionary snowball is a small dome of marshmallow coated in any combination of coconut, chocolate, sugar, cocoa or carob. The Tax Tribunal recently decided that this type of snowball is a cake, and thus should be zero-rated for VAT. Other confectionary such a chocolate bars must be standard-rated for VAT.
This may sound silly, but the difference between zero and 20% VAT is significant for the producers of such edible items. If you have any doubts about the VAT rate to apply to your products, please discuss them with us.
