asked the Minister for Finance the estimated yield to the Exchequer of an increase of 10 per cent in general VAT rates in a full calendar year.
Written Answers. - VAT Increase Yield.
301.
The additional yield to the Exchequer in a full year, based on projected 1981 figures, is estimated to be as follows:
|
£m |
|
|
By increasing the existing zero per cent rate to 10 per cent |
190 |
|
By increasing the existing 10 per cent rate to 20 per cent |
350 |
|
By increasing the existing 25 per cent rate to 35 per cent |
80 |