§ 31. Mr. Dudley Smithasked the Chancellor of the Exchequer if he will introduce proposals for assisting small companies which are forced to pay VAT on money owed to them by bankrupt companies.
§ Mr. Denzil DaviesI have nothing to add to the reply my hon. Friend the 539W Financial Secretary gave on 6th November 1975 to the hon. Member for Wolverhampton, South-West (Mr. Budgen).—[Vol. 899, c. 260.]
§ 33. Mr. Whiteheadasked the Chancellor of the Exchequer what is the rate of VAT on burglar alarms and industrial jemmies, respectively.
§ Mr. Denzil DaviesBurglar alarms of a kind suitable for domestic use are chargeable at the 25 per cent. rate; other burglar alarms and industrial jemmies are chargeable at 8 per cent. However, the professional installation of burglar alarms systems in the course of building, construction or alteration is zero rated.
§ Mr. Kimballasked the Chancellor of the Exchequer what estimate he has made of the effect of the 25 per cent. rate of VAT on private pilots operating from flying clubs; and if he will make a statement.
§ Mr. Robert SheldonA number of representations have been received and all relevant information is being taken into account by my right hon. Friend in considering his Budget.