A Bill to enable the maximum turnover threshold for exemption from the requirement to register for VAT to be raised; to make provision for the exemption of certain goods and services from liability to VAT; and for connected purposes.
This Bill aims to raise the turnover threshold that determines when a business must register for VAT, potentially letting more small firms operate outside the VAT system. It also sets out exemptions for certain goods and services from VAT, meaning those items would not be liable for VAT. The Bill covers related provisions about how VAT is applied and administered.
Currently at the second reading stage in the House of Commons. If it progresses, it would move to committee stage for detailed examination, then to report, third reading, and consideration by the Lords.
Generated 21 February 2026
The Bill failed to complete its passage through Parliament before the end of the session. This means the Bill will make no further progress.
No recorded votes for this bill yet.
