Submitted on Wednesday 18th March 2020
Rejected on Tuesday 31st March 2020
Current status: Rejected
Rejection code: duplicate (see below for details)
Suspend VAT for all businesses - No VAT during COVID-19
The idea is relatively simple:
• Suspend all VAT for small businesses
• Businesses still submit VAT returns as normal
• Businesses owing VAT will not pay (zero on account)
• Business owed VAT rebates will still claim them
This money is desperately needed to help companies stay afloat over the spring and summer months due to the COVID-19 pandemic. This will not be a loan, grant or bailout so will be exempt from interest and repayments. This money is currently INSIDE all VAT registered businesses and Q1 is due to be paid to HMRC at the end of the next quarter.
This could be the difference between staying afloat or closing for 100,000s of businesses across the UK by utilising money already INSIDE the economy.
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.
You may wish to sign this petition calling for the same action: petition.parliament.uk/petitions/304245
You can find out more about coronavirus and how you can protect yourself and others here:
NHS website: www.nhs.uk/conditions/coronavirus-covid-19/
UK Government website: www.gov.uk/coronavirus
You can read NHS tips to help if you are worried about coronavirus here: www.nhs.uk/oneyou/every-mind-matters/coronavirus-covid-19-anxiety-tips
3.133.123.126 Sun, 06 Oct 2024 07:34:51 +0100
