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17 July 2006 : Column WA168

Estimates of receipts from stamp duty on land and property, where the buyer was a financial institution, are given in the table below.

YearStamp duty on land and property (£ billion)

1996-97

0.1

1997-98

0.1

1998-99

0.2

1999-00

0.2

2000-01

0.3

2001-02

0.2

2002-03

0.3

2003-04

0.2

2004-05

0.1

It is not possible to provide any breakdown by type of purchaser for stamp duty on share transactions.

On other taxes, most financial services fall with the exemptions for VAT.

The data for total insurance premium tax are published on the uktradeinfo website at www.uk tradeinfo.com/index.cfm?task=ipt.

HMRC does not collect information on excise duties and other taxes attributable to purchases of fuel, alcohol et cetera by the financial sector.

Taxation: VAT

Baroness Finlay of Llandaff asked Her Majesty's Government:

Lord McKenzie of Luton: Only one public broadcasting company receives VAT refunds under Section 33 of the Value Added Tax Act 1994. Section 18 of the Commissioners for Revenue and Customs Act 2005 does not permit HM Revenue and Customs to disclose information relating to the tax affairs of individual taxpayers.

VAT refunds to national museums and galleries under Section 33A of the Value Added Tax Act 1994 amounted to £22 million in 2005-06.

Vehicle and Operator Services Agency

Lord Berkeley asked Her Majesty's Government:



17 July 2006 : Column WA169

Lord Davies of Oldham: Since the Vehicle and Operator Services Agency (VOSA) was formed on 1 April 2003, there have been no reports of lorry engine control units being adversely affected by powerful

17 July 2006 : Column WA170

radio signals. VOSA has not conducted any tests to check whether a lorry engine control unit can be affected by electromagnetic interference from roadside radio signals.


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