§ Sir T. Kitsonasked the Chancellor of the Exchequer what further consideration he is giving to the charge of 8 per cent. VAT on foreign racehorse owners, in view of the fact that 25 leading racehorses will be transferred by Mr. Windlestein to be trained in Lambourn if there is no VAT to be charged on these animals.
§ Mr. Robert SheldonThe question is under active discussion with representatives of the industry and of Mr. Windlestein. It is envisaged that these animals may be imported temporarily, free of VAT, for a limited period.