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Lower VAT to help with the cost of living crisis.

Submitted on Thursday 30th June 2022

Rejected on Tuesday 5th July 2022

Current status: Rejected

Rejection code: duplicate (see below for details)

Petition Action

Lower VAT to help with the cost of living crisis.

Petition Details

Now the UK has left the EU it can change VAT rates. We believe the Government should reduce the standard rate of VAT, to reduce the financial burden on families and businesses, particularly in light of the increased cost of living.

Additional Information

Reducing VAT temporarily will help the less well-off, as opposed to the current taxpayer-funded plan proposed by the Government's cost of living coordinator, David Buttress. His plan is to encourage businesses to divert marketing spend so that they can cut prices, reducing the cost for the consumer. However, this could have a negative impact on those employed in the UK creative, advertising and marketing industries.


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This petition was rejected

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.

We have published the following petitions, which you might like to sign:

Reduce the standard rate of VAT to help with increased cost of living: petition.parliament.uk/petitions/609147

Cut the standard VAT rate from 20% to 5%: petition.parliament.uk/petitions/617044

VAT Complete Removal: petition.parliament.uk/petitions/614072

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