United Kingdom · Question · Written question
UIN 48504
VAT
Introduced
18 May 2020
Last action
22 May 2020 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
22 May 2020
Summary
To ask the Chancellor of the Exchequer, what recent assessment he has made of the potential merits of calculating VAT payable only from a turnover of £85,001 and above.
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Timeline
18 May 2020
Written question
To ask the Chancellor of the Exchequer, what recent assessment he has made of the potential merits of calculating VAT payable only from a turnover of £85,001 and above.
Source: Commons
22 May 2020
Answer
The Government consulted in 2018 on how the design of the VAT registration threshold, currently set at £85,000, could incentivise growth better.The results of the call for evidence did not present a clear option for reform.While there are no plans to make...
Source: Written answer
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- · Treasury · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2020-05-18/48504
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1196718
- uk · wq-1196718 · source updated 22 May 2020