HC Deb 15 June 1999 vol 333 c75W
Mr. Flynn

To ask the Chancellor of the Exchequer if he will remove VAT on fee-based financial advice. [86935]

Ms Hewitt

No. VAT liability depends upon what service is provided and whether it is paid for. Financial advice for which a charge is made is liable to VAT at the standard rate. This is a requirement of European law.

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