Submitted on Wednesday 1st March 2023
Rejected on Monday 6th March 2023
Current status: Rejected
Rejection code: duplicate (see below for details)
Raise the VAT threshold as it’s not been increased for 5 years.
To raise the VAT threshold from £85,000 to £100,300
When looking at the history of the VAT threshold it has increased consistently every year from 99 until 2018. The governments target of inflation when measured by the CPI is 2% so therefore why has the VAT threshold not reflected this. However given the current climate the inflation rate has been approximately 10% recently which therefore means this extra needs to be accounted. Hence the substantial increase is believed to be necessary as it has not been amended for the last 5 years.
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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 this petition which calls for a similar action: petition.parliament.uk/petitions/628399
18.220.78.7 Fri, 08 Nov 2024 17:46:30 +0000
