§ Mr. SayeedTo ask the Chancellor of the Exchequer if he will estimate the revenue raised by VAT in the(a) 1996–97 and (b) 1997–98 tax years; and what assessment he has made of the effect of simplifying the application of VAT between different retail sectors. [101905]
§ Dawn PrimaroloRevenue raised by VAT in 1996–97 was, £46,657 million. In 1997–98 it was, £50,865 million.
There are no simplifications for which an assessment by retail sector has been performed.