Small Businesses: VAT

(asked on 15th September 2025) - View Source

Question to the HM Treasury:

To ask His Majesty's Government what assessment they have made of the impact of the current value added tax threshold on small business growth.


Answered by
Lord Livermore Portrait
Lord Livermore
Financial Secretary (HM Treasury)
This question was answered on 22nd September 2025

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.

Reticulating Splines