§ Mr. SpearingTo ask the Chancellor of the Exchequer if he will tabulate in a similar manner to his written answer of 24 March 1988,Official Report, columns 195–6, the likely effects on tax rates and yields in the United Kingdom of the latest proposals from the Commission of the European Communities for harmonising value added Lax, showing net and gross yields, respectively.
§ Mr. LilleyThe Commission's latest proposals are not specific either on the level of the suggested minimum standard rate of VAT or on the scope of future zero rates. I regret, therefore, that it is not possible to update the previous tables.
§ Mr. SpearingTo ask the Chancellor of the Exchequer if he will tabulate in theOfficial Report in a manner similar to that of his written answer of 23 March 1988, Official Report columns 124–26, the effect on excise duties of adoption of the latest proposals of the Commission of the European Economic Community for harmonising national taxes on alcohol, tobacco and hydrocarbon oils and fuels.
§ Mr. LilleyThe latest Commission proposals contain no suggested rates for excise duties. I regret, therefore, that it is not possible at this stage to provide the information requested.