§ Mr. Fauldsasked the Chancellor of the Exchequer whether he will postpone the imposition of value added tax on works of art and antiques, bearing in mind that art and antique dealers and auctioneers will be unable to operate the special scheme contained in Her Majesty's Customs and Excise Notice No. 712 as important practical matters of procedure have not been finalised by Customs and Excise.
§ Mr. HigginsNo. There are no outstanding questions of procedure which need delay the introduction of value added tax. Any trader who is not clear about the position on any specific point should consult Customs and Excise.