§ Mr. Rookerasked the Secretary of State for the Environment what amount of the Housing Corporation's gross expenditure in 1983–84 was accounted for by value added tax.
§ Mr. Rookerasked the Secretary of State for the Environment what proportion of the £30 million value added tax paid from the Housing Corporation's 1984–85 gross expenditure was accounted for by the Budget changes incorporated into the Finance Act 1984; and if resources to the corporation were increased to take account of the changes.
§ Mr. GowIt is estimated that the extension of VAT to building alterations will account for £15 million of the Housing Corporation's gross expenditure in 1984–85. The Government have given approval for an equivalent amount of index-linked private finance to be used for shared ownership projects in 1984–85.