Written question asked by Angus MacDonald (Liberal Democrat) on Tuesday, 17 March 2026, in the House of Commons. It was due for an answer on Thursday, 19 March 2026. It was answered by Dan Tomlinson (Labour) on Wednesday, 25 March 2026 on behalf of the Treasury.
VAT: Small Businesses
- Question
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To ask the Chancellor of the Exchequer, what estimate her Department has made of the average time spent by businesses with turnover below £250,000 on VAT compliance, including preparing returns and maintaining records.
- Answer
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HMRC does not estimate the administrative cost to businesses with a turnover below £250,000 for processing and submitting VAT returns, as the cost can vary between businesses, regardless of their turnover. Administrative costs are largely dependent on their individual business processes and the nature and complexity of their record keeping.
Secondary information
- Type
- Written question
- Reference
- 121536
- Session
- 2024-26
- Subjects
- Small businesses VAT Tax thresholds
- Contains statistics
- Yes
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2026-03-25 15:21:03 +0000
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/commons/2024-26/121536
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/commons/2024-26/121536
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/writtenparliamentaryquestion/commons/2024-26/121536