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No VAT payable on the first £70,000 turnover.

Submitted on Saturday 30th June 2012

Published on Tuesday 3rd July 2012

Current status: Closed

Closed: Wednesday 3rd April 2013

Signatures: 1

Petition Action

No VAT payable on the first £70,000 turnover.

Additional Information

To stimulate growth and help small companies survive, change rules so VAT is not payable on the first £70,000 turnover. This could release a significant sum back to business owners for investment in staff and other growth stimuli.


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