HC Deb 04 November 1971 vol 825 cc18-20W
Mr. Coleman

asked the Chancellor of the Exchequer whether, on the introduction of value-added tax, any relief will be allowed to wholesalers and retailers against the purchase tax already paid on stocks of goods already held.

Mr. Higgins:

I would refer the hon.Member to the answer given by my hon. Friend the Financial Secretary to the hon. Member for Birmingham, Ladywood (Mrs. Doris Fisher) and my hon. Friend the Member for Worcestershire, South (Sir G. Nabarro) on 26th October.—[Vol. 823, c. 281.]