questionText: To ask the Chancellor of the Exchequer, if she will make an assessment of the potential impact of increasing the VAT registration threshold on levels of growth of small and medium-sized businesses.
answerText: 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.
heading: Small Businesses: VAT