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Taxation: Exports

Volume 472: debated on Thursday 6 March 2008

To ask the Chancellor of the Exchequer what the cost to the Exchequer of value added tax export relief was in each of the last three years. (191785)

No estimate has been made of the cost of the zero rate for the export of goods. The relief implements basic VAT principles that goods consumed outside the EU are not subject to EU VAT, so there is no actual exchequer cost.