L

Lord Leigh of Hurley (Con)

Speaking in the House of Lords on 5 March 2026

Debate

Small Businesses: VAT Threshold

Contribution

The Minister will be aware of the successful campaign that Retailers Against VAT Abuse Schemes and I ran to ensure that online marketplaces are required to collect VAT on certain transactions involving non-UK established sellers. The problem is that the current system has been exploited by proxy directors, proxy companies and artificial fragmentation. The chairman of the British Independent Retailers Association has written to the Exchequer Secretary to the Treasury to ask for urgent consultation on this issue, which is probably costing HM Treasury £700 million a year. Can the Minister use his influence in HM Treasury to ensure that urgent consultation takes place immediately with the retailers who signed that letter?

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