Written Question·Treasury·UIN 56015
Small Businesses: VAT
Tabled: 30 May 2025
Answered: 9 June 2025
Question
Rupert Lowe
Restore Britain — Great Yarmouth
To ask the Chancellor of the Exchequer, whether she plans to review the VAT registration threshold.
Answer
James MurrayAt £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.