| Previous Section | Back to Table of Contents | Lords Hansard Home Page |
EU Budget
Lord Dykes asked Her Majesty's Government:
Whether a reconfiguration of European Union budget contributions and receipts for member states can be constructed on a fair basis for all members without impairing the British rebate. [HL201]
Lord McKenzie of Luton: Negotiations on the next financial perspective, which will set the EC budget and policy framework for the period 2007 to 2013, are ongoing. Her Majesty's Government have set out their views on how large the EC budget needs to be and how it can be financed. The UK abatement remains fully justified and is not up for negotiation due to inequities on the expenditure side of the budget. These inequities lead to member states of similar wealth to the UK paying a far lower net contribution because of the level of receipts they get back from the EC budget.
Sports Facilities: VAT
Lord Moynihan asked Her Majesty's Government:
Lord McKenzie of Luton: The construction of sports facilities at schools, universities and other educational establishments is normally subject to the standard (17.5 per cent) rate of VAT. VAT zero-rating does apply to the construction of a new sports building intended for use solely by charitable educational establishments unless it is used in the "course or furtherance of business".
The provision of sports facilities to an individual for a charge is exempt from VAT when supplied by a non-profit making body. The letting of a sports facility, to
7 Jun 2005 : Column WA66
clubs or associations may, in certain circumstances, also be exempt from VAT. Otherwise, VAT is chargeable at the standard rate on the provision of sports facilities for a charge.
McKinsey and Co.
Lord Hanningfield asked Her Majesty's Government:
Whether McKinsey and Company is currently carrying out any work for HM Treasury; how many projects the firm has carried out for the Treasury during each of the past five years; for each project, how long it lasted and how many McKinsey employees were involved; and what was the total value of payments made by the Treasury to McKinsey and Company in each of the past five years. [HL312]
Lord McKenzie of Luton: McKinsey and Company is not currently carrying out any work for the Treasury and has not done so since 2001–02. McKinsey carried out five projects for the Treasury over the years 1999–2000 to 2001–02. The fees paid in the past five financial years are set out in the table below and represent five projects. Information on the duration of each project and the number of McKinsey employees involved is not recorded centrally and could be provided only at disproportionate cost.
| Financial year | Fees paid in year, including VAT £ |
| 2000–01 | 30,269.18 |
| 2001–02 | 90,850.04 |
| 2002–03 | Nil |
| 2003–04 | Nil |
| 2004–05 | Nil |
| Back to Table of Contents | Lords Hansard Home Page |