VAT (Small Firms)

Treasury written question – answered on 23rd October 2001.

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Photo of David Lidington David Lidington Shadow Financial Secretary

To ask the Chancellor of the Exchequer what plans he has to change Government policy following HM Customs and Excise's consultation on a flat-rate VAT scheme for small firms.

Photo of Mr Paul Boateng Mr Paul Boateng Financial Secretary, HM Treasury, The Financial Secretary to the Treasury

Customs are currently analysing responses to the recent consultation exercise and will be making recommendations to Treasury Ministers in due course.

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