VAT On Rnli Equipment
EDM number 1402 in 1989-90, proposed by Peter Viggers on 16/10/1990.
That this House expresses concern that the European Commission's proposals for harmonisation of value-added tax in 1992 may put at risk the special zero rate of value-added tax on lifeboats and lifeboat equipment; notes that this zero-rating enables the Royal National Lifeboat Institution to receive three million pounds of voluntary contributions (equivalent to one-fifth of its income derived from subscriptions and donations) which would otherwise be paid away in irrecoverable value-added tax; and urges Her Majesty's Government to resist any changes to existing charity zero-rates.
This motion has been ammended, see 490A1.
This motion has been signed by a total of 68 MPs.
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