§ 46. Mr. Rifkindasked the Chancellor of the Exchequer whether he will convene a meeting of the leaders of the three main political parties to discuss the future of the social contract.
§ Mr. Joel BarnettI welcome all evidence of the growing general appre-
Gas percentage VAT Electricity percentage Coat percentage France … … … … … 17.6 17.6 17.6 Germany … … … … … 12.0 12.0 12.0 Italy … … … … … 6.0 6.0 14.0 Netherlands … … … … … 18.0 18.0 18.0 Belgium … … … … … 6.0 16.0 6.0 Luxembourg … … … … … 5.0 5.0 5.0 Irish Republic … … … … … 0.0 0.0 0.0 Denmark … … … … … 18.0 18.0 18.0 United Kingdom … … … … … 0.0 0.0 0.0
§ Mr. Skeetasked the Chancellor of the Exchequer what is the threshold for value added tax in the several member countries of the EEC.
Annual limit in national currency Type of limit* £ per annum (rates of exchange as at 28th February 1978) France … … … 1,350 F Tax 146 Germany … … … 12,000 DM Tax-inclusive Turnover 3,025 Italy … … … No exemption — — Netherlands … … … 2,050 DFL Tax 482 Belgium … … … No exemption — — Luxembourg … … … 100,000 F Tax-exclusive Turnover 1,613 Denmark … … … 5.000 Kr Turnover 462 Irish Republic … … … £1,800† Turnover 1,800 United Kingdom … … … £7,500 Taxable turnover 7,500 * At present, exemption limits differ in kind in EEC countries, in some cases being based on turnover, in others on tax liability, and they are often operated in conjunction with special schemes for small traders. † There are higher limits for some suppliers of goods.