VAT

(asked on 24th January 2017) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, how many people who registered for and paid VAT in the financial year 2013-14 also paid VAT in the financial year 2014-15.


Answered by
 Portrait
Jane Ellison
This question was answered on 27th January 2017

At the end of 2013-14, there were two million traders registered for VAT. Of those, it is estimated that there was a total of approximately one hundred thousand traders which first registered for and paid VAT in the financial year 2013-14 and also paid VAT in the financial year 2014-15.

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