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Written question asked by Lord Redwood (Conservative) on Monday, 27 March 2023, in the House of Commons. It was due for an answer on Wednesday, 29 March 2023. It was answered by Victoria Atkins (Conservative) on Friday, 31 March 2023 on behalf of the Treasury.

VAT: Northern Ireland

Question

To ask the Chancellor of the Exchequer, whether he has had discussions with his Cabinet colleagues on the potential impact of the provisions of the Windsor Agreement on his ability to vary the VAT registration threshold for Northern Ireland.

Answer

The Windsor Framework establishes new freedoms for the UK to set VAT rates and thresholds in Northern Ireland that go far beyond those available before EU Exit. That includes the ability to zero rate additional goods for VAT and vary the VAT registration threshold.

All tax policy is a matter for the Chancellor, including how this applies in Northern Ireland, and any potential changes will be considered at future fiscal events.

Secondary information

Type
Written question
Reference
174165
Session
2022-23
Grouped for answer
Yes
Transferred
Yes
Subjects
Northern Ireland VAT Windsor Framework
Link
View this Written question on www.parliament.uk