Works of Art and Antiques

HC Deb 09 April 1973 vol 854 c197W

Mr. Faulds

asked the Chancellor of the Exchequer whether it is his intention that where works of art and antiques are sold within the special scheme contained in Customs and Excise Notice No. 712, commission payable to third parties in respect of the transaction shall be deducted in calculating the margin on which VAT is assessed.

Mr. Higgins

No.