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VAT: Tax Rates and Bands

Volume 487: debated on Tuesday 10 February 2009

To ask the Chancellor of the Exchequer what estimate he has made of the number of companies which have not passed on the recent reduction in value added tax to 15 per cent. to customers; and if he will make a statement. (255098)

The Office for National Statistics published statistics on UK inflation in December on 20 January 2009 including detail on the pass-on rate of the temporary VAT reduction, and found that most businesses had passed on the reduction. The ONS report can be found at: