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United Kingdom · Question · Written question

UIN 198235

Small Businesses: VAT

answeredUnited Kingdom· UK Parliament· EN

Introduced

6 September 2023

Last action

12 September 2023 · Answer

Status

Answered

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Discovery layer

Source updated

12 September 2023

Summary

To ask the Chancellor of the Exchequer, whether he has made a recent assessment of the potential merits of reviewing the annual VAT registration threshold to help support small businesses.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 6 September 2023

    Written question

    To ask the Chancellor of the Exchequer, whether he has made a recent assessment of the potential merits of reviewing the annual VAT registration threshold to help support small businesses.

    Source: Commons

  2. 12 September 2023

    Answer

    Views on the VAT registration threshold are divided and the case for change has been regularly reviewed over the years. While some businesses have argued that a higher threshold would reduce administrative and financial burdens, others contend that a lowe...

    Source: Written answer

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