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<p>The UK has a higher VAT registration threshold than any EU Member State and the
second highest in the OECD at £85,000. This keeps the majority of businesses out of
VAT altogether.</p><p> </p><p>The number of businesses newly registering for VAT in
each year can be found here: <a href="https://www.gov.uk/government/statistics/value-added-tax-vat-annual-statistics"
target="_blank"><em>Value Added Tax (VAT) annual statistics - GOV.UK (www.gov.uk)</em></a><em>,</em>
see Table T2.</p><p> </p>
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