§ 12. Mr. Dalyellasked the Chancellor of the Exchequer what tax concessions he is contemplating for recycled products; and if he will make a statement.
§ Mr. Peter ReesNone, Sir.
§ Mr. DalyellDo Treasury Ministers accept the principle that it is proper to use the fiscal system to encourage the use of recycled products?
§ Mr. ReesWe certainly do not accept the principle that VAT is a suitable 1978 mechanism to provide incentive to increase the use of recycled products.