§ 27. Mrs. Bainasked the Chancellor of the Exchequer if he is satisfied that present regulations concerening VAT refunds 550W to do-it-yourself home builders are adequate.
§ Mr. Robert SheldonYes.
§ Mr. Craigenasked the Chancellor of the Exchequer what rate of value added tax on the existing range of commodities and services would produce the same yield as the present 8 per cent. and 25 per cent. rates.
§ Mr. Robert SheldonAbout 9½ per cent.