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Emergency reduction of VAT

Submitted on Thursday 17th November 2011

Rejected on Wednesday 21st June 2017

Current status: Rejected

Rejection code: duplicate (see below for details)

Petition Action

Emergency reduction of VAT

Additional Information

An emergency reduction in the rate of VAT is necessary to stimulate the failing UK economy. The current level of business throughout the UK will see businesses fail at an alarming rate in the New Year if nothing is done. A reduction in the rate of VAT will help stimulate growth across all sectors. The result for the Treasury will be increased revenue (a smaller per percentage, but of a much larger Pot!). The UK Economy will grow faster, Businesses will be saved, and Jobs created. It needs to be done, and it needs to be done now!


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This petition was rejected

The Government e-Petitions Team gave the following reason:

There's already a petition about this issue. We cannot accept a new petition when we already have one about a very similar issue.

You are more likely to get action on this issue if you sign and share a single petition.

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