§ Mr. Neubertasked the Chancellor of the Exchequer what amount of value added tax he estimates was contributed by foreign tourists visiting the United Kingdom in the 12 months to the most 21W recent convenient date; and what percentage this represents of the total.
§ Mr. Robert SheldonOn the basis of estimates of expenditure by all categories of overseas visitors—whether on holiday, business or study—the amount of VAT contributed by tourists, visiting the United Kingdom in 1976, is thought to be somewhere about £100 million, representing about 2.6 per cent. of the total VAT revenue. Within this amount about half was attributable to overseas visitors here on holiday.