Part of Oral Answers to Questions — National Finance – in the House of Commons at 12:00 am on 29 November 1973.
Hon. John Astor
, Newbury
12:00,
29 November 1973
While my hon. Friend cannot make an estimate, does he agree that the liability to VAT on medical research equipment can be substantial? For instance, an electron microscope would be about £4,500. Will he confirm that it is not the Government's intention to impose the tax on medical research equipment? Will he consider the matter again before the next Budget?
