questionText: To ask the Chancellor of the Exchequer, pursuant to the Answer of 30 March 2026 to Question 122630 on Business: VAT, whether her Department has made an assessment on the effect that inflation has had on small business' ability to stay under the VAT threshold over the past decade.
answerText: At £90,000, the UK has a higher VAT registration threshold than any EU country and one of the highest in the OECD. This means the majority of UK businesses are not in the VAT system, reducing administrative burdens for small businesses. The government reg...
heading: Small Businesses: VAT