questionText: To ask the Chancellor of the Exchequer, what assessment she has made of the implications for her policies of the report entitled Avoiding the Cliff Edge: Considering possible options for a VAT threshold smoothing mechanism, published on 9 January 2024.
answerText: The Government will continue to bear in mind businesses’ views of this threshold. At £90,000, the UK has a higher VAT registration threshold than any EU Member State and the second highest in the OECD. This keeps the majority of UK businesses out of VAT a...
heading: Personal Care Services: VAT