§ Mr. Peter Reesasked the Chancellor of the Exchequer what is the average rate of tax for a married man with two infant children earning £1,000, £1,500, £2,000, and £2,500, respectively; and how this compares with the average rates of tax in June 1970.
§ Mr. NottThe figures are:
354Wadvertisements put out by his Department which indicate that there is no VAT on food, in order to make clear that this only applies to food not eaten on the premises of the person selling it.
§ Mr. HigginsThe advertisements have already distinguished between food bought in shops and eating out.
§ Mr. Fauldsasked the Chancellor of the Exchequer whether it is his intention that value added tax should be charged on goods or services supplied before 31st March 1973 in cases where invoices are issued after 1st April 1973 by any taxable person.
§ Mr. HigginsNo. I would, however, refer the hon. Member to the guidance on transitional problems of this kind which Customs and Excise has issued in a recent supplement to its Notice No. 700, of which I am sending him a copy.