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VAT - new structure

Submitted on Monday 22nd August 2011

Published on Thursday 1st September 2011

Current status: Closed

Closed: Saturday 1st September 2012

Signatures: 3

Petition Action

VAT - new structure

Additional Information

Create a new threshold structure for VAT.

For example:

Turnover of up to 250k pa = 5% VAT
250k to 1 mil = 10%
1mill to 5 mill = 15%
Over 5mill = 20%

The fat cats can afford, us small businesses can't thats why they are closing/going bust everyday!!!

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