PARLIAMENTARY EARLY DAY MOTION
VAT ON ENERGY SAVING MATERIALS (19 March 1998)

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.

Sponsored by:
Alan Simpson (Labour)