§ Mr. Hanley
asked the Chancellor of the Exchequer what is the current turnover threshold for value added tax; and what are the equivalent figures in other member countries of the European Community.
§ Mr. Hayhoe
The information is as follows:
£ sterling (exchange rates as at 29 June 1983) Country Annual limit Type of limit* United Kingdom 18,000 Taxable turnover Luxembourg 2,575 Tax exclusive turnover Denmark 716 Turnover Irish Republic Businesses mainly involved in supplying services 12,1831 Turnover Other businesses 24,365 Germany 5,135 Tax inclusive turnover Netherlands 470 Tax France 116 Tax Belgium no exemption Italy Greece does not yet have a value added tax. *As shown in the table exemption limits differ in kind between EC countries. In addition they are often operated in conjunction with special schemes for small traders.
§ Mr. Viggers
asked the Chancellor of the Exchequer what representations he has received about the continuation of value added tax zero rating relief for building alteration services supplied by the construction industry.
§ Mr. Greenway
asked the Chancellor of the Exchequer if he will approve a special value added tax scheme for the taxing of sales of secondhand horses and ponies on the dealer's gross profit margin; and if he will make a statement.
§ Mr. Viggers
asked the Chancellor of the Exchequer if he will make a statement on the value added tax treatment of building alteration work.