Asked by: David Morris (Conservative - Morecambe and Lunesdale)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, how many new businesses registered for VAT in (a) 2014-15, (b) 2013-14, (c) 2012-13, (d) 2011-12 and (e) 2010-11.
Answered by Jane Ellison
HM Revenue and Customs publishes the number of new businesses registered for VAT in the statistical bulletin on VAT. This can be found at:
https://www.uktradeinfo.com/Statistics/Pages/TaxAndDutybulletins.aspx
Asked by: David Morris (Conservative - Morecambe and Lunesdale)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, how many people who registered for and paid VAT in the financial year 2013-14 also paid VAT in the financial year 2014-15.
Answered by Jane Ellison
At the end of 2013-14, there were two million traders registered for VAT. Of those, it is estimated that there was a total of approximately one hundred thousand traders which first registered for and paid VAT in the financial year 2013-14 and also paid VAT in the financial year 2014-15.