Submitted on Sunday 22nd January 2017
Rejected on Wednesday 25th January 2017
Current status: Rejected
Rejection code: duplicate (see below for details)
Help Small UK Business & The UK Population by Reducing The VAT back to 17.5%
1/5 of the total price of product is VAT charges. Obviously this only applies to certain products. But by reducing VAT on those products would help thousands if not millions of people on low incomes and benefit small business that our communities relay on so much.
VAT is the goverments third largest source of income. VAT has been reduced before in 2008 to 15% amd then increased to 17.5% in 2009. This benefited both low income families and business to develop and spread money a lot easier.
"VAT is regressive in nature: It hits poorer households harder because consumption makes up a much larger share of their disposable income," said Michael Martins of the Institute of Directors (IoD).
You can't sign this petition because it was rejected. But you can still comment on it here at Repetition.me!
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/165303
18.216.94.152 Wed, 15 May 2024 19:31:19 +0100
