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Proceeding contribution from Vincent Cable (Liberal Democrat) in the House of Commons on Wednesday, 17 December 2008. It occurred during Legislative debate on Value Added Tax.


Value Added Tax

I hope that that is a sign that the Government have an open mind about when the boom is due to occur. That is a helpful intervention, and it points to some of the inconsistencies involved. I have a final point to make about consumer impact. One particular sector concerned about how the tax change will feed through is road hauliers, who can of course get relief from value added tax but who will be paying increased duty on their fuel. The issue is of particular concern to hauliers operating in rural areas, and the retailers who depend on them for their supply. I wonder whether the Government have thought about the cost implications of the fact that the combination of changes to VAT and to vehicle excise duty will particularly affect rural distribution. That is of concern to many of my colleagues and to people in other parts of the country.


Secondary information

Type
Proceeding contribution
Reference
485 c1135 
Session
2008-09
Chamber / Committee
House of Commons chamber
Subjects
Costs Business Economic situation Germany Taxation VAT Tax rates and bands
Legislation
Value Added Tax (Change of Rate) Order 2008
Link
View this Proceeding contribution on www.publications.parliament.uk