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United Kingdom · Question · Written question

UIN 73232

Companies: VAT

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

29 August 2025

Last action

8 September 2025 · Answer

Status

Answered

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Discovery layer

Source updated

8 September 2025

Summary

To ask the Chancellor of the Exchequer, what the average administrative cost is of collecting VAT from a VAT-registered company.

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

Timeline

  1. 29 August 2025

    Written question

    To ask the Chancellor of the Exchequer, what the average administrative cost is of collecting VAT from a VAT-registered company.

    Source: Commons

  2. 8 September 2025

    Answer

    HMRC calculate annually the cost to collect £1 of VAT. In 2024-25, it cost 0.58 pence, i.e. less than one penny, to collect £1 of VAT on average. This ratio has been broadly stable over recent years. Cost of Collection - VAT - 5 year Trend from 2020-2021 ...

    Source: Written answer

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