Vat

Treasury written question – answered on 15th November 2018.

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Photo of Graham Brady Graham Brady Chair, Conservative Party 1922 Committee

To ask the Chancellor of the Exchequer, what estimate he has made of the take-up the VAT flat rate scheme (a) in actual numbers and (b) in terms of the percentage of eligible companies.

Photo of Mel Stride Mel Stride Financial Secretary to the Treasury and Paymaster General

There were 358,270 businesses operating the VAT Flat-Rate Scheme in 2016-17. This is 25% of eligible businesses from the total VAT registered population.

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