The hon. Gentleman is right to reflect on the debate that we had on 13 May. During that time we all kept quoting the figure of 22 per cent., as he just has. Is it not the case that the actual rate that the bingo clubs will be paying is 27 per cent. because the Government failed to take account of the effective rate, which includes the unrecoverable VAT, worth a further 5 per cent.?
Finance Bill
Proceeding contribution from
Lord Foster of Bath
(Liberal Democrat)
in the House of Commons on Wednesday, 8 July 2009.
It occurred during Debate on bills on Finance Bill.
Type
Proceeding contribution
Reference
495 c1019
Session
2008-09
Chamber / Committee
House of Commons chamber
Subjects
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Timestamp
2024-04-21 12:55:25 +0100
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