§ 15. Mr. Cashasked the Chancellor of the Exchequer if he will seek to raise the threshold for value added tax to £50,000.
§ Mr. MacGregorThe European Commission sixth VAT directive restricts increases in the VAT registration threshold to those which maintain its original value in real terms. The Government consider the directive unduly restrictive and are pressing for an amendment to allow member states greater flexibility in determining their threshold.
§ 21. Mr. Heathcoat-Amoryasked the Chancellor of the Exchequer what representations he has received from the building trade about the value added tax threshold.
§ Mr. MooreEleven since the last Budget, of which seven advocated a reduction or the abolition of the VAT threshold.
§ 25. Mr. Tom Coxasked the Chancellor of the Exchequer what discussion he has had with officers of the Central Council of Physical Recreation about representations they have made seeking a reduction in the amount of value added tax now being paid by sports associations.
§ Mr. BrookeThe council was consulted by Customs and Excise about proposals by the European Commission for directives on VAT which, if adopted, could affect among other matters the VAT payable by non-profit-making sports organisations. The council's views have been noted.