Further Education Colleges: Recovery of VAT Debate
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Lord Redwood
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Further Education Colleges: Recovery of VAT
Lord Redwood Excerpts(1 month, 2 weeks ago)
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Lord Livermore (Lab)
I am grateful to my noble friend for her question. I hear what she says and reassure her that the Government are aware of this discrepancy and are actively looking into it.
Lord Redwood (Con)
Why do the Government so often favour a model that takes a lot of tax off institutions, people and companies and then has to give some back by way of grant to help pay for it? Is that not just a double handling charge that we do not need?
Lord Livermore (Lab)
Yes, although overhauling the entire VAT system would be something of a long-term project.