§ Mr. MackinlayTo ask the Chancellor of the Exchequer if the Crown Estate Commissioners are subject to value added tax in respect of all revenues they accrue and transactions they enter into from leases, licences and rents relating to property they control and manage in respect of the Crown estate.
§ Mr. LamontThe Crown Estate Commissioners are registered for value added tax for their business activities. They account for VAT according to the normal rules, which would include transactions involving land and property.