§ Mr. Simsasked the Chancellor of the Exchequer if he will reconsider the classification of the supply and maintenance of burglar alarm systems as luxury items, subject to a 25 per cent. rate of VAT.
§ Mr. Robert SheldonNo. There is no question of the 25 per cent. rate of VAT being a rate of tax confined to luxury items.
§ Mr. Fauldsasked the Chancellor of the Exchequer whether he has received any joint representations by two or more firms of auctioneers in respect of value added tax on the newly imposed buyers' premium; and whether he will now make a statement.
§ Mr. Robert SheldonThe auctioneers concerned informed Customs and Excise of their intention to introduce a buyer's premium. As regards its VAT treatment, I would refer my hon. Friend to my reply to him on 16th December.—[Vol. 902, c.561.]
§ Sir Nigel Fisherasked the Chancellor of the Exchequer whether he will bring forward proposals to reduce the rate of VAT on the repair of household goods 830W such as irons, vacuum cleaners and washing machines.
§ Mr. Robert SheldonNo.