§ Mr. Fauldsasked the Chancellor of the Exchequer whether it is his intention that art and antique dealers who operate the special VAT scheme contained in Customs and Excise Notice No. 712 can include in the special scheme goods which they own jointly with one or more of the following: (1) registered dealers operating the special scheme, (2) registered dealers operating the standard scheme, (3) nontaxable persons and (4) overseas residents, whether registered or not.
§ Mr. HigginsThe joint owners will have to decide for any given transaction whether to exercise the option to use the special scheme or not.
401W
§ Mr. Fauldsasked the Chancellor of the Exchequer how many individual members of the fine art and antique trade as distinct from representatives of trade organizations have sought interviews with him before 1st January 1973 to discuss the VAT special scheme; and how many such interviews he has granted.
§ Mr. HigginsThe Chancellor of the Exchequer and other Treasury Ministers have received a number of deputations from the art and antique trade. No individuals have been seen separately. Customs and Excise has also had discussions with members of the trade. No analysis of the number of requests for individual interviews has been made.
TAKE-HOME PAY AFTER DEDUCTING NATIONAL INSURANCE AND INCOME TAX Average male manual earnings June 1970 January 1973 Percentage increase in take-home pay June 1970-January 1973 Average earnings Take-home pay Average earnings Take-home pay Single man 27.07 19.35 36.09 26.46 36.7 Married couple with two children under 11 27.07 22.56 36.09 30.12 33.5 Note: Figures for average earnings of full-time male manual workers in industry are only published annually with reference to October. Figures for June 1970 and January 1973 are estimated by adjusting the October 1969 and October 1972 figures respectively in accordance with movements in the monthly index of average earnings.
§ Mr. Adam Butlerasked the Chancellor of the Exchequer what was the estimated take-home pay of a full-time male manual worker on average earnings, assuming standard PAYE and other deductions, in October 1970, 1971 and
TAKE-HOME PAY AFTER DEDUCTING NATIONAL INSURANCE AND INCOME TAX AVERAGE MALE MANUAL EARNINGS October 1970 October 1971 October 1972 Percentage increase in take-home pay Average earnings Take-home pay Average earnings Take-home pay Average earnings Take-home pay 1970–71 1971–72 Single man 28.05 19.98 30.93 22.18 35.82 26.32 11.0 18.7 Married couple with two children under 11 28.05 23.20 30.93 25.85 35.82 29.99 11.4 13.9
§ Mr. Adam Butlerasked the Chancellor of the Exchequer what was the estimated take-home pay, assuming standard PAYE and other deductions, of an unmarried male manual worker, with no