Value Added Tax (Hansard, 9 February 1981)

§ Mr. David Atkinson
asked the Chancellor of the Exchequer what estimate he has made of the possible savings in staff and expenditure within Her Majesty's Customs and Excise which would result if value added tax between registered traders were eliminated.

§ Mr. Peter Rees
It is unlikely that there would be any net saving.

§ Mr. David Atkinson
asked the Chancellor of the Exchequer what estimate he has made of the number of value added tax registered businesses which trade(a) exclusively with other value added tax registered

Year Approximate number of registered persons as at 31 March Tax due on imported goods and goods from bonded warehouses Other tax due Tax deductions other than on imported goods and goods from bonded warehouses Total net tax payable^*

£ million £ million £ million £ million

1973 981,200

1973–74 1,196,700 822.3 6,743.0 5,403.1 1,470.7

1974–75 1,223,800 1,536.1 10,880.0 8,281.5 2,509.5

1975–76 1,250,800 1,942.8 12,843.1 9,403.8 3,454.9

1976–77 1,271,300 2,159.2 13,912.3 10,207.9 3,769.5

1977–78 1,274,200 2,482.8 15,960.1 11,773.6 4,234.8

1978–79 †1,292,300 2,477.7 17,152.4 12,489.8 4,837.5

1979–80 1,327,200 4,606.2 31,712.1 23,680.2 8,189.3

^* Total net tax includes a varying amount paid or repaid each year which is not classified to an industry and not included in the figures in other columns.

†As at 27 September.

Note:
The information is published annually in the Reports of the Commissioners of Her Majesty's Customs and Excise. Information for 1980–81 is not yet complete.

Year	Approximate number of registered persons as at 31 March	Tax due on imported goods and goods from bonded warehouses	Other tax due	Tax deductions other than on imported goods and goods from bonded warehouses	Total net tax payable^*
		£ million	£ million	£ million	£ million
1973	981,200
1973–74	1,196,700	822.3	6,743.0	5,403.1	1,470.7
1974–75	1,223,800	1,536.1	10,880.0	8,281.5	2,509.5
1975–76	1,250,800	1,942.8	12,843.1	9,403.8	3,454.9
1976–77	1,271,300	2,159.2	13,912.3	10,207.9	3,769.5
1977–78	1,274,200	2,482.8	15,960.1	11,773.6	4,234.8
1978–79	†1,292,300	2,477.7	17,152.4	12,489.8	4,837.5
1979–80	1,327,200	4,606.2	31,712.1	23,680.2	8,189.3
^* Total net tax includes a varying amount paid or repaid each year which is not classified to an industry and not included in the figures in other columns.
†As at 27 September.