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Written question asked by Lord Hanningfield (Conservative), in the House of Lords. It was answered by Lord Myners (Labour) on Thursday, 18 December 2008.


Taxation: VAT

Question
To ask Her Majesty's Government what discussions following the Pre-Budget Report they have had with United Kingdom businesses and their representative organisations on (a) the administrative cost of implementing the reduction in the VAT rate; and (b) the number of businesses that have passed on the cut.
Answer

HMRC officials have had discussions with a wide range of individual businesses and representative bodies about the implementation of the temporary reduction in the standard rate of VAT. These discussions were not specific to either the issue of administrative costs or the pass-on rate.


Secondary information

Type
Written question
Reference
341; 706 c81-2WA
Session
2008-09
Related items
Taxation: VAT
Thursday, 5 February 2009
Written questions
House of Lords
Subjects
VAT Tax rates and bands
Link
View this Written question on www.publications.parliament.uk