§ 49. Mr. Biggs-Davisonasked the Chancellor of the Exchequer whether he will give an assurance that any EEC proposal to impose VAT on books, magazines or newspapers will be vetoed in the Council of Ministers.
§ Mr. HigginsThe draft Sixth Directive as submitted by the Commission to the Council makes explicit provision for the continuation of all the United Kingdom's existing zero rating, including that on books, magazines and newspapers, until the Council of Ministers by unanimous decision decides otherwise, but not later than the abolition of fiscal frontiers. The latter would also require a unanimous decision by the Council. My right hon. Friend has no plans to impose VAT on books, magazines or newspapers, but he cannot, of course, give an assurance which would bind Chancellors of the Exchequer in the future.
§ Mr. Cormackasked the Chancellor of the Exchequer what was the yield from VAT levied on repairs to historic buildings in the first quarter of the current financial year.
§ Mr. HigginsThis information is not available.
§ Mr. Cormackasked the Chancellor of the Exchequer what was the yield from VAT levied on sales by registered charities 156W in the first quarter of the current financial year.
§ Mr. HigginsThis information is not available.