questionText: To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of increasing the VAT registration threshold on small businesses; and if she will consider raising the VAT registration threshold to support entrepreneurs.
answerText: At £90,000, the UK has a higher VAT registration threshold than any EU country and the joint highest in the OECD. This means the majority of UK businesses are not in the VAT system at all. Any consideration of changes to the threshold would have to carefu...
heading: Small Businesses: VAT