§ 47. Mr. Wingfield Digbyasked the Chancellor of the Exchequer what progress has been made in the talks on value added tax on bloodstock; and whether he will expedite his consideration of this matter in view of recent evidence at international sales that French and Irish breeders, paying no value added tax, are using this advantage to the detriment of the future of this export industry.
§ Mr. HigginsThe bloodstock VAT Committee has only recently submitted representations about the effect of VAT on the bloodstock industry. These representations are under consideration.