The Rt. Hon. Sir John Major KG CH

Prime Minister of Great Britain and Northern Ireland 1990-1997

1990Chancellor (1989-1990)

Mr Major’s Written Parliamentary Answer on VAT (Water) – 24 May 1990

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Below is the text of Mr Major’s written Parliamentary Answer on VAT (Water) on 24th May 1990.

Mr. John Morris To ask the Chancellor of the Exchequer (1) what is the estimated annual cost to industry in Scotland of applying value added tax to water supply from 1 July;
(2) what is the estimated annual cost to industry of applying value added tax to water supply from 1 July;
(3) what is the estimated annual cost to industry in Wales of applying value added tax to water supply from 1 July.

Mr. Major Negligible. VAT to be charged on water supplies to industry after 1 July will, in virtually all cases, be reclaimable as input tax by those affected.