Submitted on Tuesday 25th October 2022
Rejected on Friday 28th October 2022
Current status: Rejected
Rejection code: no-action (see below for details)
Introduce a Windfall Tax on Private Finance Initiative (PFI) companies
Introduce a Windfall Tax on Private Finance Initiative (PFI) companies against the massive profits these companies are making from Public Money. And the Government should investigate any activity by PPI companies which could involve offshore tax avoidance activity.
Our Governments entered into private-public partnerships with PPI companies with their “heads in the sand”, the main reason being it would keep the costs off the National Debt (ie off the balance sheet).
PFI should be brought on balance sheet. The Treasury should remove any perverse incentives unrelated to value for money by ensuring that PFI is not used to circumvent departmental budget limits. It should also ask the OBR to include PFI liabilities in future assessments of the fiscal rules.
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The Government e-Petitions Team gave the following reason:
Petitions need to call on the Government or Parliament to take a specific action.
We understand that you are concerned about Private Finance Initiative (PFI) companies, but it's not clear if you want the Government to introduce a windfall tax on the profits of these companies, or make wider changes to how PFI contracts work.
You could start a new petition explaining clearly what you would like the Government or Parliament to do. It would need to be clear from both the title and main text of your petition what you want to happen. We cannot accept petitions where the title makes one request, and the petition goes on to ask for several other things.
18.217.182.134 Fri, 15 Nov 2024 10:57:17 +0000
