§ Mr. Arnoldasked the Chancellor of the Exchequer when changes were last made in (a) the list of goods and services exempt from value added tax, and (b) the list of goods and services zero rated from value added tax; and how many such changes have been made since 1973.
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§ Mr. WakehamThe information is as follows:
- (a) The most recent change (the Value Added Tax (Finance) Order 1982 (SI 476/82)) took effect on 1 April 1982. A total of 16 amendments to the VAT exemption schedule have been made since 1973 (including one which took effect from 1 April 1973).
- (b) The most recent change (the Value Added Tax (Double-Glazing) Order 1982 (SI 1007/82)) took effect on 1 September 1982. A total of 41 amendments to the VAT zero rating schedule have been made since 1973 (including 6 which took effect from 1 April 1973).
§ Mr. David Atkinsonasked the Chancellor of the Exchequer how the current value added tax threshold compares in real terms with all previous thresholds since the introduction of value added tax.
§ Mr. Bruce-GardyneThe latest available value at April 1973 prices of the current VAT registration limit of £17,000 is for January 1983 when it was £4,804. The values of the current and previous limits at the date of their introduction were:
Date of introduction Registration limit£ Value at April 1973 prices £ 1 April 1973 5,000 5,000 1 October 1977 7,500 3,704 12 April 1978 10,000 4,733 27 March 1980 13,500 4,931 11 March 1981 15,000 4,864 10 March 1982 17,000 4,996
§ Mr. David Atkinsonasked the Chancellor of the Exchequer how much annual revenue he estimates is received from value added tax on privately owned language schools.
§ Mr. Bruce-GardyneI regret that the information from which to make an estimate is not available.
§ Mr. David Atkinsonasked the Chancellor of the Exchequer how much annual revenue he estimates is received from value added tax on ice cream.
§ Mr. Bruce-GardyneAbout £40 million a year.