United Kingdom · Question · Written question
UIN 156541
Business: Coronavirus
Introduced
22 February 2021
Last action
2 March 2021 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
2 March 2021
Summary
To ask the Chancellor of the Exchequer, what recent assessment his Department has made of the potential merits of providing further Government support for businesses registered for VAT where turnover has fallen below the £85,000 threshold.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
22 February 2021
Written question
To ask the Chancellor of the Exchequer, what recent assessment his Department has made of the potential merits of providing further Government support for businesses registered for VAT where turnover has fallen below the £85,000 threshold.
Source: Commons
2 March 2021
Answer
Businesses can ask HMRC to cancel their registration if their VAT taxable turnover falls below the deregistration threshold of £83,000. Businesses that are below the VAT threshold and are not voluntarily registered do not account for VAT on their supplies...
Source: Written answer
Votes
No vote records are attached yet.
Versions
No version snapshots stored. Document URLs remain at the source.
Documents
No documents linked.
Sponsors
- · Treasury · Answering body
Related records
No cross-record relationships stored yet.
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://questions-statements.parliament.uk/written-questions/detail/2021-02-22/156541
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1288065
- uk · wq-1288065 · source updated 2 March 2021