Value Added Tax

HC Deb 19 December 1985 vol 89 c305W

Mr. Neil Hamilton

asked the Chancellor of the Exchequer what is the current turnover for value added tax; and what are the equivalent figures for the other member states of the European Economic Community.

Member State
Belgium	Nil
Denmark	£ 739	tax liability
France	£ 118	taxable turnover
Germany	£ 5,362	taxable turnover
Ireland	£20,636	Taxable turnover where 90 per cent. of turnover is derived from goods;
		or
	£ 9,905	for other traders
Italy	Nil
Luxembourg	£ 2,645	taxable turnover
Netherlands	£ 546	tax liability

Note:

Exchange rates as at 25 November 1985. Greece has not yet introduced VAT.