HC Deb 17 December 1975 vol 902 cc651-2W
Mr. Faulds

asked the Chancellor of the Duchy of Lancaster when he expects to complete his investigation with regard to the imposition of the 25 per cent. VAT rate on certain works of art made of precious metals and stones; and whether he will make a statement.

Mr. Lever

My study of the financial position of the arts will cover all relevant issues, including taxation. The study is a wide-ranging one, and I will seek to complete it as early as possible.

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