Submitted on Sunday 18th November 2018
Published on Thursday 29th November 2018
Current status: Closed
Closed: Wednesday 29th May 2019
Signatures: 16
Tagged with
£85,000 turnover to remain non-taxable after becoming VAT registered.
For small businesses to grow allow taking of £85,000 (VAT threshold) to be non-taxable and exempt from VAT. Only make business pay 20% VAT on takings which exceed the threshold and not on the total taxable turnover. Currently becoming VAT registered as a small business is financially crippling.
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44.223.94.103 Fri, 29 Mar 2024 12:39:03 +0000