https://birminghamdaily.co.uk/tags/taxbreak/Recent content in taxbreak on Birmingham DailyHugo -- gohugo.ioen-usThu, 11 Jun 2026 05:06:29 +0000https://birminghamdaily.co.uk/new-60000-vat-threshold-boost-proposed-to-support-alarm-clock-small-businesses/Thu, 11 Jun 2026 05:06:29 +0000https://birminghamdaily.co.uk/new-60000-vat-threshold-boost-proposed-to-support-alarm-clock-small-businesses/Reform UK is pushing for a significant tax relief aimed at Britain’s small business owners, often dubbed “alarm clock Britain” for their early starts and relentless work ethic. Party leader Nigel Farage has announced plans to increase the VAT registration threshold from £90,000 to £150,000, offering a £60,000 increase that would ease financial pressures on tens of thousands of sole traders. Speaking ahead of the upcoming Makerfield by-election, Farage emphasized the importance of supporting the 3.