VAT:Written question - 190360

Q
(Altrincham and Sale West)
[N]
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Named Day

'Named day' questions only occur in the House of Commons. The MP tabling the question specifies the date on which they should receive an answer. MPs may not table more than five named day questions on a single day.

Asked on: 12 November 2018
Treasury
VAT
Commons
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.
A
Answered by: Mel Stride
Answered on: 15 November 2018

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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