Submitted on Sunday 13th December 2015
Rejected on Wednesday 16th December 2015
Current status: Rejected
Rejection code: duplicate (see below for details)
Stop the introduction of quarterly tax returns for small businesses.
U-turn on George Osborne's declaration that small businesses and workers currently filing their own tax returns will have to submit tax returns four times a year to come in line with the larger corporates.
Most small firms and individuals such as myself rely on the help of our accountants to complete and submit the complex tax return forms. The average cost for accountancy fees for a small business is £1000. A four fold cost increase to £4000 pa. is simply unsustainable at a time where profit margins are continually being squeezed. The additional red tape for small business owners along with the greatly increased accountancy costs will drive many small firms out of business.
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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.
petition.parliament.uk/petitions/115895
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