§ Mr. Adleyasked the Chancellor of the Exchequer if he will estimate the revenue which would be available to the Exchequer if value added tax at 15 per cent. was levied on overseas package tour holidays.
§ Mr. Peter ReesI shall let my hon. Friend have a reply as soon as possible.
§ Mr. Iain Millsasked the Chancellor of the Exchequer if he will consider reviewing the present decision to charge value added tax at the standard rate on road safety reflective armbands produced by ROSPA and other organisations.
§ Mr. Peter ReesNo. In the context of a broadly based tax on expenditure, a selective relief from VAT for road safety reflective armbands could not be justified.