HC Deb 07 April 1977 vol 929 cc630-1W
Mr. Marten

asked the Chancellor of the Exchequer what the real value of VAT exemption limits for small businesses would have to be to take account of inflation, since the limit was first introduced into the United Kingdom VAT system.

Mr. Robert Sheldon

I would refer the hon. Member to the reply given to the hon. Member for Cornwall, North (Mr. Pardoe) on 31st March 1977.