Posted in News Rachel Reeves plots raid on small businesses with £2billion VAT hike in autumn Budget – as threshold set to be lowered by TWO-THIRDS August 30, 2025 Officials are looking at proposals to slash the threshold at which small businesses and sole traders have to register for VAT. Pictured: Rachel Reeves https://www.dailymail.co.uk/news/article-15048435/Rachel-Reeves-raid-small-businesses-2billion-VAT-hike-autumn-Budget-threshold-lowered.html?ns_mchannel=rss&ns_campaign=1490&ito=1490