Written question asked by David Chaytor (Labour) on Thursday, 5 April 2001, in the House of Commons. It was due for an answer on Monday, 23 April 2001. It was answered by Baroness Primarolo (Labour) on Monday, 23 April 2001 on behalf of the Treasury.

Treasury

Question: To ask Mr Chancellor of the Exchequer, what assessment he has made of the implications of the recent VAT tribunal ruling in respect of the outsourcing of investment management by Prudential Assurance on the outsourcing of vehicle repairs by insurance companies; and if he will make a statement.

Answer: Mr. Chaytor: To ask the Chancellor of the Exchequer what assessment he has made of the implications of the recent VAT tribunal ruling in respect of the outsourcing of investment management by Prudential Assurance on the outsourcing of vehicle repairs by insurance companies; and if he will make a statement. [157900] Dawn Primarolo: The Tribunal's decision that the management of an authorised unit trust scheme is exempt, whoever provides the services has no implications for suppliers of other services to insurance companies.

Secondary information

Type: Written question
Reference: 367 c184W; 157900
Session: 2000-01
Subjects: Insurance companies Repairs and maintenance VAT Prudential Motor insurance
Link: View this Written question on www.publications.parliament.uk