§ Mr. Cordleasked the Chancellor of the Exchequer if he will make provision to relieve from the imposition of VAT the cost to youth organisations of hiring sports facilities provided by local authorities.
§ Dr. GilbertI have noted the hon. Member's suggestion.
§ Mr. Cordleasked the Chancellor of the Exchequer what increase has to be made in the £5,000 exemption limit for VAT in order to restore the limit to the same real value as when VAT was first introduced; and if he will now take steps to raise the exemption limit.
29W
§ Dr. GilbertThe exemption level would need to be raised to about £6,000 a year. I cannot anticipate my right hon. Friend's Budget Statement.
§ Mr. Shepherdasked the Chancellor of the Exchequer if he will bring the dealer in horses into the same category as that of car dealers and antique dealers with regard to value added tax on resale transactions; and, if not, what are his reasons for not so doing.
§ Dr. GilbertI have noted the hon. Member's suggestion.