UK Parliament / Open data

Reducing Costs for Businesses

Proceeding contribution from Matthew Offord (Conservative) in the House of Commons on Tuesday, 11 January 2022. It occurred during Opposition day on Reducing Costs for Businesses.

As the Minister will know, the threshold turnover for small businesses to register for VAT is £85,000. A constituent emailed me today to say that as a result of the pandemic, inflation has increased and he has had to increase his prices. Does the Minister agree with him that the Government could raise the VAT threshold to ensure that businesses can grow and the money can be used for investment?

Type
Proceeding contribution
Reference
706 c510 
Session
2021-22
Chamber / Committee
House of Commons chamber
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