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VAT

Volume 473: debated on Friday 14 March 2008

To ask the Chancellor of the Exchequer what estimate he has made of the change in revenue to the Exchequer which would result from a one penny rise in the rate of value added tax in 2008-09. (194017)

Effects of illustrative percentage point changes in VAT rates are published in Table 6 of the Tax Ready Reckoner and Tax Reliefs, which is published annually alongside the pre-Budget Report. It is available from the HM Treasury website and a hard copy can be found in the House of Commons' Library.