Value Added Tax

HC Deb 29 March 1973 vol 853 c378W

Mr. Faulds

asked the Chancellor of the Exchequer what will be the procedure for publishing sales of works of art and antiques over a value of £4,000 sold in the United Kingdom after the introduction of value added tax.

Mr. Higgins

No special action is proposed. Sales by auction of major works of art and antiques are normally given wide publicity in the national Press.

Mr. Trew

asked the Chancellor of the Exchequer what are the rates of VAT in each of the nine member countries of the EEC and in Norway, Sweden and Austria.

Mr. Higgins

My understanding of the position is as follows:

Country	…	Rates of VAT (percentages)
Belgium	…	25; 18; 14; 6
Denmark	…	15
France	…	33⅓20; 17.6; 7
West Germany	…	11; 5.5
Ireland	…	30.26; 16.37; 11.11;5.26
Italy	…	18; 12; 6*
Luxembourg	…	10; 5; 2
Netherlands	…	16; 4
United Kingdom	…	10
Norway	…	20
Sweden	…	17.65
Austria	…	16; 8
* In addition Italy has temporary rates of 9. 3 and 1 per cent.

Mr. Cormack

asked the Chancellor of the Exchequer if he will take steps to ensure that repairs to listed buildings are zero rated for the purposes of VAT.

Mr. Higgins

No.