§ Mr. Neil Hamiltonasked the Chancellor of the Exchequer if he will estimate the revenue in a full year from the imposition of value added tax at the standard rate upon supplies which are presently zero rated.
§ Mr. BrookeIt is estimated that the net additional full-year revenue, at 1985–86 prices, would be of the order of £6.9 billion.
§ Mr. Neil Hamiltonasked the Chancellor of the Exchequer if he will estimate the revenue in a full year from the imposition of value added tax at the standard rate on each of (a) children's clothing, (b) children's shoes, (c) fuel, (d) all food currently zero-rated, (e) books, (f) newspapers and periodicals and (g) new construction.
§ Mr. BrookeIt is estimated that the net additional full year revenue, at 1985–86 prices, would be of the following order:
£ million (a) Children's clothing 225 (b) Children's shoes 50 (c) Fuel 1,400 (d) All food currently zero-rated 3,500 (e) Books 90 (f) Newspapers and periodicals 300 (g) New construction 875