§ Mr. HanleyTo ask the Chancellor of the Exchequer what representations he has received about what the value added tax and corporation tax liability for charitable organisations receiving contributions from consumers using certain specified credit cards will be; and if he will make a statement.
309W
§ Mr. RyderNone. Customs and Excise and the Inland Revenue have identified a value added tax and corporation tax liability in a number of affinity credit card schemes which they have examined. The two Revenue departments are considering each scheme on its own merits.
Long and short-term nominal interest rates United Kingdom West Germany United States Japan three month 10 year three month 10 year three month 10 year three month 10 year January 13.1 10.0 5.7 6.7 9.3 9.3 4.6 4.9 February 13.0 9.8 6.5 6.9 9.6 9.4 4.7 4.9 March 13.0 9.9 6.6 6.9 10.1 9.6 4.8 5.1 Apri 13.2 10.2 6.4 6.9 10.0 9.4 4.7 5.2 May 13.1 10.1 7.0 7.0 9.7 9.0 5.0 5.3 June 14.1 10.6 7.0 6.8 9.2 8.5 5.4 5.3 July 13.9 10.2 7.1 6.7 8.8 8.2 5.5 5.2 August 13.9 9.9 71 6.7 8.8 8.3 5.5 5.1 September 14.0 10.2 7.4 6.9 8.8 8.4 5.6 5.3 October 15.0 10.5 8.1 7.0 8.7 8.2 6.1 5.3 November 15.1 10.6 8.3 7.4 8.4 8.0 6.8 5.6 Source: National sources.