§ Mr. Barry FieldTo ask the Chancellor of the Exchequer what assessments the Government have made of the impact and additional costs on companies after 1993 of the additional requirements for(a) VAT returns, (b) INTRASTAT, (c) appointment of fiscal agents and (d) the United Kingdom's adoption of the maximum limit of £70,000 for fiscal agents.
§ Sir John CopeThe abolition of routine and systematic formalities at internal frontiers after 1992 means that, overall, United Kingdom industry will benefit from a reduction in business compliance costs incurred currently in intra-EC trade.
Compliance cost assessments—CCA—have not been produced for individual single market requirements owing to difficulties in identifying the different elements of the costs associated with a single administrative document.
Some of the new requirements have only recently been agreed and Customs and Excise are now in the course of preparing a global CCA covering indirect tax, statistical and customs issues.