Friday Quiz - 6/7/18 - Quiz & Trivia

1. Which marvel superhero, also known as Steve Rogers, made his first appearance in March 1941?

Captain America

The Incredible Hulk

Iron Man

Thor

2. Which Rolling Stones song begins: "Please allow me to introduce myself / I'm a man of wealth and taste."

Satisfaction

Sympathy for the Devil

Under my thumb

You can't always get what you want

3. What is the VAT rate on a chocolate covered flapjack?

20%

5%

0%

It's exempt

This was a bit of a tough one! There's a special rule that biscuits are zero rated, but chocolate covered biscuits are standard rated. However, a flapjack is not a biscuit in HMRC's eyes, but a stand-alone zero rated good. Just like chocolate covered cakes, there's no special rule to make it standard rated when it's covered in chocolate, so it stays zero rated!

Explanation

This was a bit of a tough one! There's a special rule that biscuits are zero rated, but chocolate covered biscuits are standard rated. However, a flapjack is not a biscuit in HMRC's eyes, but a stand-alone zero rated good. Just like chocolate covered cakes, there's no special rule to make it standard rated when it's covered in chocolate, so it stays zero rated!