VAT ON ENERGY SAVING MATERIALS
Early day motion 1114, tabled 19 March 1998 by Alan Simpson (Labour). Signed by 83 members.
That this House welcomes the Chancellor's announcement in his Budget that he will cut VAT on energy saving materials to 5 per cent. under existing grant schemes such as the home energy efficiency scheme; further welcomes his decision to explore with other European governments the possibility of a reduced VAT rate for a wider range of energy saving materials; and hopes that by the time of the Budget next year his discussions will have enabled the VAT reduction to apply to all energy saving materials.
Signatures by party: Labour 50, Liberal Democrat 20, Labour/Co-operative 4, Conservative 3, Scottish National Party 3, Plaid Cymru 2, UUP 1.