Companies: Income

(asked on 9th March 2022) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, how many companies registered for VAT have an annual turnover (a) between (i) £85,000 and £125,000, (ii) £126,000 and £250,000, (iii) £251,000 and £500,000, (iv) £500,000 and £750,000, (v) £751,000 and £1,000,000 and (vi) £1 million and £5 million and (b) over £5 million in each the last five years.


Answered by
Lucy Frazer Portrait
Lucy Frazer
Secretary of State for Culture, Media and Sport
This question was answered on 15th March 2022

The active VAT population by turnover band is published in Table 5a of the Value Added Tax (VAT) annual statistics: https://www.gov.uk/government/statistics/value-added-tax-vat-annual-statistics

Revenue received by HMRC by turnover band is not available. Liabilities by turnover band are published in the same publication in Table 5b.

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