§ Mr. KirkwoodTo ask the Chancellor of the Exchequer whether he has any plans to introduce further valued added tax relief for organisations with charitable status.
§ Mrs. Gillian ShephardI cannot anticipate my right hon. Friend's Budget statement.
§ Sir Eldon GriffithsTo ask the Chancellor of the Exchequer what was the approximate total of VAT received from the sale of bloodstock horses in each of the years 1980 to 1990; and what VAT revenue arises from such sales in Newmarket.
§ Mrs. Gillian ShephardComplete records of the VAT yield from all United Kingdom bloodstock sales are not available for the 10-year period 1980–90. The auctioneering sector of bloodstock industry generally is currently estimated to yield approximately £0.5 million VAT annually. Bloodstock sales in Newmarket give rise to a net payment of VAT from the Exchequer.
§ Sir Eldon GriffithsTo ask the Chancellor of the Exchequer what regulations apply to the levying of VAT on the breeding of livestock and the artifical insemination of pedigree cattle and bloodstock horses.
§ Mrs. Gillian ShephardThe VAT liability of supplies of breeding livestock follows the liability of the animals concerned. Supplies of breeding in connection with animals within the definition of item 4 of group 1 of schedule 5 to the VAT Act 1983 are zero-rated; others are standard-rated. The separate supply of semen or artificial insemination services is standard-rated.