§ Mr. Alfred Morris
asked the Chancellor of the Exchequer what is the expected yield in a full year from the imposition of value added tax at 15 per cent. on toys specially and exclusively made for the use of disabled children; and if he will consider removing this impost at an early date.
§ Sir Timothy Kitson
asked the Chancellor of the Exchequer, in view of the international yearling horse sales taking place within the next few months and owners making decisions regarding the countries in which their horses will be trained, what progress has been made following representations made to the European Commission regarding British bloodstock and value added tax; and if he will now make a statement.
§ Mr. Peter Rees,
pursuant to his reply [Official Report, 19 July; Vol. 970, c. 818], gave the following answer:
Following the assurance given to the House during the debate in Committee on the Finance Bill on 3 July, my right hon. and learned Friend has written to the 57W EEC Commissioner concerned with VAT and to the President of the Commission emphasising both the importance and the urgency which the United Kingdom Government attach to securing early harmonisation of those aspects of VAT treatment of bloodstock in France and Ireland which in our view do not conform with the EEC sixth directive. It is too early to expect a reply.