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VAT THRESHOLD

Submitted on Monday 31st March 2014

Published on Thursday 3rd April 2014

Current status: Closed

Closed: Thursday 3rd July 2014

Signatures: 28

Tagged with

Tax

Petition Action

VAT THRESHOLD

Additional Information

I NEED 100,000 SIGNATURES, BEFORE THE GOVERNMENT WILL EVEN DEBATE THE FACT THAT SMALL BUSINESS’S IN THIS COUNTRY NEED HELP, AND STOP CUSTOMS AND EXCISE FROM CLOSING SMALL BUSINESS’S BECAUSE THEY CAN NOT AFFORD TO PAY 20% V.A.T. ON THE TURNOVER OF THEIR BUSINESS.
THEY NEED TO DO SOMETHING AND FAST, EITHER HIGHER THE THRESHOLD TO £100,00.00 FROM £79,000.00, OR AT LEAST IF WE GO OVER 79,000.00 PAY V.A.T. ON THE MARGIN THE DIFFERENCE BETWEEN 79,000.00 AND 100,000.00 THE DIFFERENCE TO US SMALL BUSINESS’S WOULD MEAN A LOT OF US SURVIVING THIS RECESSION. THERE ARE ALREADY INDUSTRIES THAT WORK ON MARGIN I.E. THE CAR INDUSTRY, SO PLEASE WIDEN THE SPECTRUM.
CUSTOMS AND EXCISE ARE CLOSING BUSINESS’S WITH NO CHANCE OF RECLAIMING OWED TAXES. THIS SITUATION ONLY LOOSES JOBS, AND REVENUE FOR THE GOVERNMENT, IT DOES NOT MAKE SENSE.


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