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Written question asked by Lord Barnett (Labour), in the House of Lords. It was answered by Lord Sassoon (Conservative) on Wednesday, 9 June 2010.


Inflation

Question
To ask Her Majesty's Government what assessment they have made of the consequences for inflation of an increase in the VAT rate to 20 per cent.
Answer

The Government will set out the latest assessment of economic prospects in the Budget, taking account of all relevant factors.


Secondary information

Type
Written question
Reference
154; 719 c48WA
Session
2010-12
Subjects
Inflation VAT Tax rates and bands
Link
View this Written question on www.publications.parliament.uk