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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.


Small Businesses: VAT

Question

To ask the Chancellor of the Exchequer, what estimate her Department has made of the administrative burden to the Treasury of processing VAT receipts for Businesses with a turnover under £250,000.

Answer

HMRC has not made an estimate of the administrative burden to the Treasury for processing VAT receipts for businesses with a turnover below £250,000. HMRC measures its overall operational costs across all taxes and does not hold this information at the level of granularity required to isolate costs attributable to businesses with a turnover under £250,000.


Secondary information

Type
Written question
Reference
121537
Session
2024-26
Subjects
Small businesses VAT Tax thresholds
Contains statistics
Yes
Link
View this Written question on www.parliament.uk