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Business Investment

Part of Treasury – in the House of Commons at on 19 March 2024.

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Photo of Simon Baynes Simon Baynes Conservative, Clwyd South

Like my hon. Friend Derek Thomas, I was delighted to see the increase in the VAT threshold from £85,000 to £90,000 in the Budget. That will help small businesses invest for the future, such as the Two Doves café and gift shop in Overton, which is popular with people from both Clwyd South and North Shropshire. However, given the vital importance to small businesses, will my hon. Friend prioritise increasing the VAT threshold again in the next fiscal Intervention?

intervention

An intervention is when the MP making a speech is interrupted by another MP and asked to 'give way' to allow the other MP to intervene on the speech to ask a question or comment on what has just been said.