Submitted on Thursday 19th March 2020
Rejected on Wednesday 15th April 2020
Current status: Rejected
Rejection code: already-happening (see below for details)
Drop VAT bill for business during COVID-19 outbreak
There are several proposals to help businesses by offering grants, loans, etc but there is a condition on all of them. A simple across the board drop the next VAT payment is a simple but effective way of putting funds into most businesses to keep them solvent during this outbreak.
One of the major issues for the next few months is going to be paying the wages. They make up a large part of almost every companies outgoings. Companies also have a responsibility in law to pay VAT, it is easier to get rid of employees than it is to not pay VAT.
Take away that responsibility and there is an immediate fund, approximately appropriate in size to the business to pay the wages.
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The Government e-Petitions Team gave the following reason:
Since you started your petition the Government has announced measures relating to VAT payments for businesses: www.gov.uk/guidance/deferral-of-vat-payments-due-to-coronavirus-covid-19.
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
You may also be interested to know that because of the large number of petitions that have been started in relation to coronavirus, the Petitions Committee has been questioning the Government about its response to the coronavirus outbreak.
Find out more and watch the Committee put questions suggested by petitioners to Government Ministers and the Deputy Chief Medical Officer: committees.parliament.uk/committee/326/petitions-committee/news/145767/committee-question-deputy-chief-medical-officer-and-ministers-on-coronavirus-response/
Read correspondence with Government Ministers asking further questions: committees.parliament.uk/committee/326/petitions-committee/publications/3/correspondence/
18.224.59.107 Fri, 22 Nov 2024 08:03:27 +0000
