HC Deb 06 February 1986 vol 91 cc250-1W
Mr. Stern

asked the Chancellor of the Exchequer if he has any plans to remove the requirement to pay value added tax on transactions between registered traders.

Mr. Brooke

No. The Government believe, in accordance with the clear majority view of a working party consisting of business, professional and Customs and Excise interests, which reported in 1979, that the balance of advantage remains with retaining the present system.