§ Mr. Skeetasked the Chancellor of the Exchequer what is the percentage value added tax affecting confectionery in the States of the European Economic Community; and what is the current annual yield in the United Kingdom.
§ Mr. Peter ReesThe information is as follows:
Per cent Belgium 6 Denmark 20.25 France 17.6 Germany 6.5 Ireland 10 Italy 35 Luxembourg 10 Netherlands 18 United Kingdom 15 The full year yield of VAT on confectionery at the 15 per cent rate is estimated to be of the order of £200 million.