§ 38. Mr. Woodhouseasked the Secretary of State for Trade and Industry if he will give a general direction to the nationalised industries that in all cases where the addition of VAT to their charges to customers results in a sum ending with an odd ½p they should round the sum charged down and not up to the nearest whole penny.
§ Mr. Peter WalkerNo. My Department is advising traders in both the public and private sectors to look at the range of goods and services they supply as a whole and to ensure that there is a 229W balance of rounding-up and rounding-down.