Only a few days to go: We’re raising £25,000 to keep TheyWorkForYou running and make sure people across the UK can hold their elected representatives to account.

Donate to our crowdfunder

Vat

Wales written question – answered on 24th January 2011.

Alert me about debates like this

Photo of Susan Elan Jones Susan Elan Jones Labour, Clwyd South

To ask the Secretary of State for Wales what estimate she has made of the sum which will accrue to the Exchequer attributable to the proposed increase in the standard rate of value added tax in Wales in each of the next five years.

Photo of David Gauke David Gauke The Exchequer Secretary

I have been asked to reply.

The estimated total revenue gain from the VAT rate increase on 4 January 2011 is £12.1 billion for 2011-12. We have not attempted to attribute that revenue to particular areas of the UK.

Does this answer the above question?

Yes0 people think so

No0 people think not

Would you like to ask a question like this yourself? Use our Freedom of Information site.