VAT Receipts

HC Deb 12 November 1998 vol 319 cc302-3W

Mr. Malcolm Bruce

To ask the Chancellor of the Exchequer if he will make a statement on his latest assessment of the future trends in the ratio of VAT receipts to consumer spending. [59438]

Mr. Byers

The projection used in the Pre-Budget Report for the ratio of VAT receipts to consumer expenditure is documented in paragraph B16.