VAT Receipts

HC Deb 28 November 1996 vol 286 c392W

Mr. Touhig

To ask the Chancellor of the Exchequer what estimate he has made of VAT receipts for the current financial year. [4868]

Mr. Oppenheim

The 1996 "Financial Statement and Budget Report" forecasts that VAT receipts in the financial year 1996–97 will be £47.5 billion.