§ Mr. Bishop
asked the Chancellor of the Exchequer (1) to what extent nonprofit making operatic societies now pay purchase tax and selective employment tax; whether such bodies will be exempt from value added tax; or what rate of tax will be payable;101W
(2) to what extent angling associations now pay purchase tax and selective employment tax; whether such bodies will be exempt from value added tax; or what rate of tax will be payable.
§ Mr. Higgins
No estimates can be made of the purchase tax and SET borne by non-profit-making operatic societies or by angling associations.
The provision by a club or association of the facilities available to its members and the admission, for a consideration, of persons to any premises are within the scole of the value-added tax; and these bodies will be liable to VAT to the same extent as other persons making taxable supplies. Many of them, however, will have a turnover in taxable supplies not exceeding £5,000 a year and will therefore be exempt from registration for VAT.