Submitted by Kelly Allen on Thursday 5th November 2020
Published on Thursday 7th January 2021
Current status: Closed
Closed: Wednesday 7th July 2021
Signatures: 13
Increase corporation tax to fund the furlough scheme
The UK furlough scheme is estimated to cost £14 billion a month. The furlough should be repaid by the businesses through corporation tax not by tax payers, including those key workers who haven’t benefited from the scheme.
Key workers have kept the country going throughout the pandemic, with little to no time off and no eligibility for financial support, placing themselves at risk to continue working. It is unreasonable to expect people who have continued working to fund the furlough scheme through their taxation when they have received no benefit from it.
Businesses should be responsible for repayment through corporation tax.
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