The text on this page has been created from Hansard archive content, it may contain typographical errors.
Mr. Pendry
To ask the Chancellor of the Exchequer what is his latest estimate of tax loss resulting from value-shifting within the travel industry and the basis on which the tax loss has been estimated. [19664]
Dawn Primarolo
The evidence to date suggests that the higher rate of insurance premium tax has prevented any tax loss from value shifting in all those business sectors where it has been applied.