Have your say on government e-petitions

Replace Corporation Tax with a Profit Added Tax

Submitted on Sunday 4th November 2012

Published on Monday 5th November 2012

Current status: Closed

Closed: Tuesday 5th November 2013

Signatures: 9

Tagged with

Tax ~ United Kingdom

Petition Action

Replace Corporation Tax with a Profit Added Tax

Additional Information

Provide an alternative to Corporation Tax which many companies avoid paying, by a Profit Added Tax (PAT) similar in function and administration to VAT, payable on items or services sold in the United Kingdom that have VAT added. The tax rate should be a punitive tax rate exceeding what Corporation tax should produce from companies. A company which uses Corporation Tax avoidance schemes would have to pay PAT instead.


You can't sign this petition because it is now closed. But you can still comment on it here at Repetition.me!

Have your say on this petition!

comments powered by Disqus

repetition.me is a Good Stuff website

3.145.199.240 Wed, 25 Dec 2024 19:37:19 +0000