HC Deb 13 February 1978 vol 944 c65W
Miss Maynard

asked the Chancellor of the Exchequer what is the latest available estimate of the cost to the Exchequer of zero-rating newspaper advertising.

Mr. Robert Sheldon

Newspaper advertising is currently zero rated. If such advertising were chargeable at the standard rate, the estimated yield would be about £5 million a year.

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