Value Added Tax Bill

Part of the debate – in the House of Commons at 12:15 pm on 8th February 2019.

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Photo of Christopher Chope Christopher Chope Conservative, Christchurch 12:15 pm, 8th February 2019

The Minister says that the consultation outcome was inconclusive, but paragraph 4.34 states:

“Above all, the most consistent response regarding the level of the VAT threshold was that a reduction in the threshold would be damaging for UK business and the economy.”

Paragraph 4.35 states:

“Many responses committed to the view that an increase to the threshold would make it much easier for newly-registered businesses” and so on. Was not the balance actually in favour of raising the threshold?