Seabird: come for the photography, the poetry, the #slatepitches. Stay for the deep dive on UK value-added tax policy.
Is VAT stopping 26,000 businesses from growing? More on the VAT growth brake.
Tax Policy Associates has new data suggesting that around 26,000 businesses are stalling their growth for fear of hitting the VAT threshold. This chart deserves more attention: It shows the number of businesses at each turnover level in 2018/19. You'd expect a reasonably smooth curve, falling f
taxpolicy.org.uk