Petition · HM Treasury
Increase the VAT taxable turnover threshold to £150,000 for small businesses
Open for signatures
30 signatures
What the petition asks
We believe small businesses are struggling to grow with the current threshold and many businesses are worse off when registering for VAT as you need to make significantly more than the current £90,000 to see the benefits.
In our view, increasing the taxable turnover threshold to £150,000 would grow business with the chance to explore more avenues of their trade.
Timeline
| 5 Aug 2026 | Petition opened for signatures |
Key facts
Signatures
30
Status
Open for signatures
Department
HM Treasury
Opened
5 Aug 2026
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Source: the official petition page. Last checked 6 Aug 2026.