House of Lords Business
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Lord Strasburger to ask Her Majesty's Government what action they took and when to address concerns raised by Richard Allen and others that Low Value Consignment Relief (LVCR) was being used for a purpose for which it was not intended; what estimate they have made of (1) the cost to the Exchequer of misuse of LVCR not being addressed sooner, and (2) the number of retailers who did pay VAT and went out of business as a result of the misuse of LVCR by others.  HL7716

Question HL7716: tabled on 2 September 2020 and due for answer by 16 September 2020

This type of business sits within the Questions & Statements category.

This question has been answered by the relevant Government Department.

Question text

Lord Strasburger to ask Her Majesty's Government what action they took and when to address concerns raised by Richard Allen and others that Low Value Consignment Relief (LVCR) was being used for a purpose for which it was not intended; what estimate they have made of (1) the cost to the Exchequer of misuse of LVCR not being addressed sooner, and (2) the number of retailers who did pay VAT and went out of business as a result of the misuse of LVCR by others.  HL7716
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Date Answered

Monday 14 September 2020

Member's Registered Interests

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Main Member

Lord Strasburger
Liberal Democrat
Life peer