PARLIAMENTARY WRITTEN QUESTION
Small Businesses: VAT (16 March 2017)
Question Asked
To ask Mr Chancellor of the Exchequer, what the average time taken for an HM Revenue and Customs VAT investigation involving a small or medium-sized business was in the 2015-16 financial year.
Asked by:
Chris Philp (Conservative)
Asked by:
Chris Philp (Conservative)
Answer
HM Revenue and Customs estimate that during 2015-2016, VAT compliance checks on small or medium sized businesses averaged 13.9 weeks between being opened and closed.
Answered by:
Jane Ellison (Conservative)
24 March 2017
Contains Parliamentary information licensed under the Open Parliament Licence v3.0.