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<p><strong>The Small Business, Enterprise and Employment Bill, introduced today on
25 June includes a clause making provision that allows HM Revenue & Customs (HMRC)
to release non-financial VAT registration data to qualifying organisations for the
purposes of assessing credit worthiness, risk of fraud or compliance with financial
regulations.</strong></p><p> </p><p> </p><p><strong>Research indicates that this has
the potential to release up to £1.8 billion worth of additional trade credit. Taking
into account the differing circumstances of individual businesses, we estimate an
actual take-up of between £0.7 and £1.4 billion.</strong></p>
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