Part of Oral Answers to Questions — Treasury – in the House of Commons at 12:00 am on 16 January 1997.
Sir Sydney Chapman
, Chipping Barnet
12:00,
16 January 1997
Does my hon. Friend agree that we have one of the least burdensome VAT regimes of all European Union countries? Will he confirm that 40 per cent. of consumer expenditure in this country is free of VAT, that we want to keep it that way and that the worst prospect for that would come about if we ever agreed to the harmonisation of VAT rates in Europe?