| Heading: |
Small Businesses: Taxation |
| Question ID: |
1815098 |
| UIN: |
61523 |
| House: |
Commons |
| Date tabled: |
2025-06-20 |
| Asking Member ID: |
4018 |
| Asking Member display name: |
Helen Grant
|
| Asking Member handle: |
HelenGrantMP
|
| Asking Member Twitter reference: |
@HelenGrantMP
|
| Member interest: |
false |
| Question text: |
To ask the Chancellor of the Exchequer, if she will make an assessment of the potential merits of increasing the taxable turnover SMEs can earn in a12-month period before registering for VAT. |
| Is named day: |
false |
| Date of holding answer: |
|
| Date answered: |
2025-06-26 |
| Date answer corrected: |
|
| Is holding answer: |
false |
| Is correcting answer: |
false |
| Answering Member ID: |
4797 |
| Answering Member display name: |
James Murray
|
| Answering Member handle: |
jamesmurray_ldn
|
| Answering Member Twitter reference: |
@jamesmurray_ldn
|
| Correcting Member ID: |
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| Correcting Member display name: |
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| Correcting Member handle: |
|
| Correcting Member Twitter reference: |
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| Answer text: |
At £90,000, the UK has a higher VAT registration threshold than any EU country and the joint highest in the OECD. This keeps the majority of businesses out of the VAT regime altogether. |
| Original answer text: |
|
| Comparable answer text: |
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| Answering body ID: |
14 |
| Answering body name: |
Treasury |
| Tweeted: |
true |