Submitted on Tuesday 28th April 2020
Rejected on Monday 6th July 2020
Current status: Rejected
Rejection code: duplicate (see below for details)
Ban dividend payments by companies receiving state support during Covid crisis.
The government's rescue plan is financed by taxpayer's money.
The Government should ban dividend payments by companies benefiting from rescue packages, as well as golden parachutes.
It should also limit financial help to companies whose main shareholders are not paying taxes in the UK.
The current coronavirus crisis has lead to an economic crisis in the UK and prompted the government to deliver a rescue plan for the economy. Yet many companies still distribute dividends to their shareholders. This should cease.
In addition, companies whose main shareholders are not paying taxes in the UK should not benefit from state support, unless these shareholders contribute themselves substantially to their company's rescue package.
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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.
petition.parliament.uk/petitions/306053
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