§ Mr. Eldon Griffithsasked the Chancellor of the Exchequer if he has made any new arrangements for the charging of value added tax on British bloodstock, in the light of the settlement arrived at between the French Government and the European Communities, following Her Majesty's Government's submissions to the European Court on the subject of harmonisation of value added tax on thoroughbred horses.
§ Mr. HayhoeNo. The VAT treatment of bloodstock in the European Community is governed by the provisions of the EC sixth directive on the harmonisation of VAT. France has now brought its system for charging VAT on bloodstock into line with the directive. The United Kingdom's treatment of bloodstock already conforms to it.