Small Businesses: VAT
Commons · Question 28128 · Tabled 8 Sep 2026 · Treasury · Official record
Answered 17 Sep 2026
Question
Asked by Chris Bloore
To ask the Chancellor of the Exchequer, what recent assessment his Department has made of the potential impact of the VAT registration threshold on the net revenue growth of SMEs.
Answer
Answered by James Murray, 17 Sep 2026
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 not in the VAT system at all.