§ Mr. FrenchTo ask the Chancellor of the Exchequer what would be the required level of value added tax if the amount of tax levied through the community charge were collected through the VAT system.
§ Mrs. Gillian ShephardI refer my hon. Friend to the reply given to my hon. Friend the Member for Uxbridge (Mr. Shersby) on 13 March at columns553–54.
§ Mr. GregoryTo ask the Chancellor of the Exchequer what is his estimate of the additional revenue that would be generated by raising to 25 per cent. the VAT rate on those products which were historically subject to a 25 per cent. purchase tax levy.
§ Mrs. Gillian ShephardAround £5 billion at 1990–91 levels of expenditure.