Submitted on Wednesday 22nd May 2019
Rejected on Monday 24th June 2019
Current status: Rejected
Rejection code: no-action (see below for details)
Make serious changes at HMRC to the way VAT is calculated.
VAT is a huge issue in the UK, yet the answer is so simple. The moment a company hits £85,000.01 in turnover, they have to pay a staggering 20%. If VAT were staggered at 5, 10, 15 then 20%, more businesses would be able to pay. If more businesses were able to pay, HMRC would end up better off.
As of November 2018 UK businesses owed £3bn in VAT to HMRC (bmmagazine.co.uk). In 2017 HMRC issued 4,710 winding-up petitions (businessadvice.co.uk). HMRC seem more interested in winding-up their small businesses than helping them. British businesses help the local community, they provide jobs and training, they can provide travel and tourism...they could easily provide HMRC with income for the improvement of the country, or at least they could if things were made easier for them.
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:
We can't accept your petition because we aren't sure what action you would like the UK Government or Parliament to take.
You could start a new petition setting out clearly the changes you would like to make to how VAT is set or collected.
18.223.196.211 Fri, 03 May 2024 10:47:39 +0100
