HC Deb 09 May 1975 vol 891 c536W
Mr. Kilroy-Silk

asked the Chancellor of the Exchequer if he will consider exempting pensioners' rented TV sets from the increase in VAT.

Dr. Gilbert

I regret that this would not be practicable.

Mr. Clemitson

asked the Chancellor of the Exchequer what rate of VAT applies to tube fittings, bushes and bearings which are suitable for use as parts of goods chargeable at the 25 per cent. rate.

Dr. Gilbert

Certain parts of general use, including hose fittings and ball bearings, are excepted from the 25 per cent. rate of VAT under item 5, paragraphs (a) to (e), of Group 1 of Schedule 7 to the Finance (No. 2) Bill, and under corresponding items of Groups 2, 3, 4 and 5. I propose to introduce an amendment to add tube fittings, bushes and other kinds of bearings to these exceptions. I am authorising Her Majesty's Customs and Excise to allow traders to charge VAT at the standard rate on these items on all supplies made on or after 1st May when the 25 per cent. rate came into effect.