Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, whether the policy of the Inland Revenue on street and other similar markets not attracting VAT has changed; and whether the Government has plans for such changes.

HM Revenue and Customs has not changed its policy on VAT in relation to street or similar markets. If there is a passive supply of an interest in land then the supply will normally be exempt from VAT. However if the main supply is something other than just a supply of land, then the VAT treatment will be determined by the VAT rules relating to the main supply.