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Small Businesses: VAT

Asked by Rupert LoweRestore BritainTreasuryTabled Answered 9 June 2025UIN 56015

The question

To ask the Chancellor of the Exchequer, whether she plans to review the VAT registration threshold.

Answered by James Murray

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 kept out of the VAT system.

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