Submitted by David Brockless on Wednesday 8th September 2021
Published on Tuesday 14th September 2021
Current status: Open
Open until: Monday 14th March 2022
Current Signatures: 200
(count is updated approximately hourly)
Implement a Covid Windfall tax on companies which profited from the Covid Crisis
For large companies with operations in the UK who report profits greater than their 5 year average, whether that is reported to UK authorities or authorities abroad, during the years 2020/2021 and 2021/2022, (the Covid pandemic years) a high windfall tax should be levied upon those excess profits.
Many businesses and employees operating in the UK have suffered great hardship as a result of the Government's policy responses to the Covid pandemic. There are, however, some, mostly large multinational companies and their senior executives, who've massively profited from these responses, e.g. pharmaceutical companies. The Government have now announced an increase in overall taxation on the British people to the highest level ever. A windfall tax would reallocate the tax burden.
If you want to sign this petition (as opposed to merely discuss it), you need to do that on the government's e-Petitions website.
18.104.22.168 Sat, 18 Sep 2021 07:58:59 +0100