Collagen business founder loses £3.6bn tax battle

UK · 2026-09-23

1. Step 1 · The triggera UK judge rules Minerva's collagen products are not food, removing VAT exemption
2. Step 2 · Knock-onMinerva faces immediate VAT liability, triggering a cash outflow and margin compression
3. Step 3 · Knock-onthe VAT precedent applies to other supplement sellers, raising sector-wide tax costs and forcing price/margin resets
4. Step 4 · Reaches youSMEs in the supplement supply chain face higher input costs or must reprice, directly impacting their P&L

The trigger is reported by the source below. The steps that follow are Branch²’s traced reasoning — how the shock could reach a business like yours, not a prediction.

Source: City A.M.

This is automated analysis for information only. It is not investment advice, not a recommendation, and not a solicitation to buy or sell any security. Branch² is not authorised or regulated. Do your own research.