§ Mr. Kenneth Bakerasked the Chancellor of the Exchequer whether he intends to give some relief from value-added tax to traders who, on the day that the tax is introduced, are holding stocks on which purchase tax or excise uty will have been paid.
§ Mr. HigginsMy right hon. Friend has received a number of representations on this subject, all of which are being carefully considered. This is a difficult issue, and my right hon. Friend is not yet ready to announce any decision.