§ Mr. Wrigglesworthasked the Chancellor of the Exchequer how long inquiries by officials of his Department into allegations of breaches of exchange control laws by Bank of England officials have been taking place.
LEVELS BELOW WHICH VAT IS NOT PAYABLE Country Limit Approximate equivalent in £sterling* France … 1,350 F a year tax … … … … 160 Germany … 12,000 DM a year tax-inclusive turnover … … … … 2,600 Italy … No exemption … … … … — Netherlands … 1,850 D F1 a year tax … … … … 380 Beligum … No exemption … … … … — Luxembourg … 100,000 F a year tax-exclusive turnover … … … … 1,410 Denmark … 5,000 Kr a year turnover … … … … 455 Irish Republic … £1,800 a year turnover. (Minimum. There are higher limits for some suppliers of goods) … … … … 1,800 United Kingdom … £5,000 a year taxable turnover … … … … 5,000 *At rates of exchange on 27th April 1976.