asked the Chancellor of the Exchequer if he will publish figures showing the different rates of value added tax which currently apply in each member State of the European Community.
Following is the information.
|VAT rates (per cent.)|
|(1) The standard rate in each case is in italics.|
|(2) Exports are zero-rated.|
|(3) In addition certain Member States have various temporary rates or additional rates with minimal coverage.|
asked the Chancellor of the Exchequer if he will publish a table comparing the average, overall effective rate of value added tax in each member State of the European Community, taking into account goods and services which are exempt or zero-rated.
The information is given in the following table. The average effective rates have been calculated by taking VAT revenue as a proportion of consumers' expenditure, on the basis of published OECD statistics relating to 1977, the most recent year for which comparable figures are available. Since then there have been rate changes in some member States. These have all been of a relatively minor nature except for the increase in the United Kingdom VAT rate to 15 per cent. in June 1979. An estimate of the United Kingdom effective rate since the increase is included in the table.
|Effective VAT rate 1977 (Per cent.)|
|(Post 18 June 1979 8·0 estimate)|
|Sources: OECD Revenue Statistics 1965–78 (relating to 1977) and OECD National Accounts 1952–77.|