§ Mr. Moateasked the Chancellor of the Exchequer how much the United Kingdom is currently paying to the European Community as value added tax related own 525W resources, expressing the amount as a percentage rate calculated on the same basis as domestic value added tax is calculated.
§ Mr. HayhoeIn 1982 the United Kingdom's VAT own resources payment to the Community was £1,554 million representing a VAT rate of 0.92 per cent. applied to the own resources VAT harmonised base. This would represent the product of a 1.05 per cent. rate of VAT applied to the United Kingdom's domestic VAT base which includes zero rated expenditure.