The current design of the VAT registration threshold may be dis-incentivising small businesses from growing their business and improving their productivity. This was noted by the Office of Tax Simplification in their review of VAT published last year, which recommended that the UK Government examine the current approach to the VAT threshold.
This call for evidence will explore the effect of the current threshold on small businesses.
This consultation closes on 5 June 2018.
For further information please visit the GOV.UK website.