§ Mr. Rookerasked the Secretary of State for the Environment, pursuant to the answer of 11 January, Official Report, column 558, what is the estimated effect of value added tax on Housing Corporation finances; and if this is paid from gross capital resources.
§ Mr. GowIn 1984–85 value added tax is expected to account for £30 million of the Housing Corporation's gross expenditure. The current estimate for 1985–86, on the same basis, is £34 million.