§ 43. Mr. McNamaraasked the Chancellor of the Exchequer what estimate he has made of the revenue product from value added tax on telephone services provided by Hull Corporation.
§ Mr. HigginsNo such estimate has been made.
§ 45. Mr. Sheldonasked the Chancellor of the Exchequer what estimate he has made of the annual yield of value added tax from services and from goods.
§ Mr. HigginsNo such separate estimates have been made.
§ Mr. Arthur Lewisasked the Chancellor of the Exchequer to what extent he estimates that the revenue product on wines and spirits would be increased if value added tax was imposed at a rate of 17 per cent., 11 per cent., 14 per cent. and 10 per cent., respectively, on both wines and spirits, and at rates of 6 per cent. on wines and 25 per cent. on spirits, 163W the rates now in force in France, Germany, Holland, Luxembourg and Belgium, if the revenue duties on wines and spirits were altered when the value added tax was imposed on the basis as envisaged in paragraph (27)B of the White Paper on the value added tax.
§ Mr. HigginsThis would depend on the extent of any alteration in the revenue duties themselves, which, as paragraph 27(b) of the White Paper made clear, would in turn depend on the total revenue required from those duties in 1973–74.
§ Sir Clive Bossomasked the Chancellor of the Exchequer what estimate he has made of the yield of value added tax payable in respect of motor cyclists safety helmets.
§ Mr. HigginsNo reliable estimate can be made.
§ Sir Clive Bossomasked the Chancellor of the Exchequer what estimate he has made of the yield of value added tax payable in respect of safety belts for use in motor cars.
§ Mr. HigginsThe information on which an estimate might be made is not available.
§ Mr. Costainasked the Chancellor of the Exchequer what will be the estimated yield from value added tax at 10 per cent. in respect of building maintenance and repair work in the financial year 1973–74.
§ Mr. HigginsNo estimate for the circumstances of 1973–74 can yet be made. The estimated full-year yield based on expenditure in the current year is £50–60 million.