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Value Added Tax

Volume 975: debated on Tuesday 11 December 1979

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asked the Chancellor of the Exchequer what is his estimate for the year 1979–80 of the total number of repayment traders who have opted for and are currently receiving monthly repayments of value added tax from Her Majesty's Customs and Excise, broken down by trading classifications as in the answer to the hon. Member for Gosport, dated 23 November 1979; and what is the estimated amount of value added tax that will be repaid to each such group during 1979–80.

[pursuant to his reply, 10 December 1979]: Estimates of VAT repayments are made globally and cannot be reliably broken down by both trade group and frequency of claim. It is estimated that in 1979–80 about £3,000 million will be repaid to traders making monthly claims. Approximate numbers of traders receiving monthly repayments are:

Primary Industries
1. Agriculture, forestry and fishing52,700
2 Mining100
Manufacturing Industries
3. Food, drink and tobacco2,900
4. Coal and petroleum products100
5. Chemical and allied industries100
6. Metal manufacture50
7. Mechanical engineering500
8. Instrument engineering 100
9. Electrical engineering 200
10. Shipbuilding300
11 Vehicles100
12. Metal goods not elsewhere specified100
13 Textiles300
14. Leather, leather goods and fur100
15. Clothing and footwear400
16. Bricks, ceramics, glass, cement etc.50
17. Timber, furniture etc.100
18. Paper, printing and publishing1,500
19. Other manufacturing industries200
Construction
20. Construction22,200
Utilities
21. Gas, electricity and water100
Transport and Communication
22. Transport and communication2,700
Distributive Trades
23. Wholesale distribution4,600
24. Retail distribution14,300
25 Dealers2,400
Services
26. Insurance, banking, finance and business services1,000
27. Professional and scientific services300
28. Miscellaneous services1,900
29. Public administration and defence600
Total110,000