Submitted on Tuesday 24th May 2022
Rejected on Tuesday 31st May 2022
Current status: Rejected
Rejection code: duplicate (see below for details)
SME’s :- Reduce VAT to 5% Cap fuel £1 per litre Reduce corporation tax to 10%
A Small haulage company where fuel, which is essential, prices are impacting. We subcontract to larger companies, which review rates once a year. VAT takes a large chunk of profit. As a small company the percentage of corporation tax decimates any profits, making it impossible to look at growth.
We would like to expand and purchase/ lease our own yard to park our trucks and expand the business. This would offer more work for drivers. We have in the past paid for drivers to take the HGV test. Surely support to encourage growth is beneficial to the community, the country and the future. Should a major disaster occur, losing income, the business could fail as all haulage companies have to prove financial standing of £8000 for the first vehicle and £4500 for subsequent vehicles.
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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.
You may wish to sign these petitions calling for related actions:
Suspend VAT on road fuels to reduce fuel costs
petition.parliament.uk/petitions/610567
Reduce the standard rate of VAT to help with increased cost of living
petition.parliament.uk/petitions/609147
Cap profit fuel forecourt operators can make on petrol and diesel to 10p/litre
petition.parliament.uk/petitions/616956
You could start a petition specifically asking the Government to reduce Corporation Tax to 10%.
18.224.4.65 Tue, 23 Apr 2024 11:22:24 +0100
