Written question asked by Roland Boyes (Labour), in the House of Commons. It was due for an answer on Tuesday, 19 April 1994. It was answered by Lord Cope of Berkeley (Conservative) on Tuesday, 19 April 1994 on behalf of the Treasury.

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Treasury

Question

If he will comment on the effect of pre-payment by large scale gas and electricity users to avoid value-added tax on domestic fuel from 1st April; and what assessment he has made of the scale of pre-payment and its effect on (i) the revenue expected from the tax and (ii) the level of savings held in building societies. - Ref to 241 c171W.

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Secondary information

Type

Written question

Reference

241 c423W;241 c425W

Session

1993-94

Subjects

Billing Energy Fuels Personal savings Prices Tax avoidance VAT Tax yields