HC Deb 29 April 1994 vol 242 c372W
Mr. Rowe

To ask the Chancellor of the Exchequer what were the gross and net yields for value added tax for 1992 and 1993 and the first quarter of 1994.

Sir John Cope

The yields for value added tax gross and net of repayments are as follows:

£ billion
1992 1993 11994
Gross 63.5 64.5 17.3
Net 37.7 37.8 10.7
1 First quarter.

It should be noted that the difference between the gross and net figures given above relates only to actual repayments to traders.