Submitted by Altaf Hussain on Friday 3rd April 2020
Published on Tuesday 14th April 2020
Current status: Closed
Closed: Wednesday 14th October 2020
VAT refunds for SMEs
It is now time for the government to act to save and sustain SMEs businesses. We would like the Chancellor to take the initiative to refund VAT payments back to the businesses.
To save all the small businesses who are facing ruin of no fault of their own. It’s time to save them and try to get our businesses up and running after the pandemic. In addition the SMEs have contributed significantly to the economy and it is now the government should help them in their hour of need.
SME are struggling to pay their suppliers and have very little surplus and therefore will not get paid whilst their businesses are closed.
This would have an adverse effect on the wider economy. We need to act now!!
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22.214.171.124 Sat, 24 Oct 2020 16:29:44 +0100