Reduce the standard rate of VAT for small businesses

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Reduce the standard rate of VAT for small businesses

Petition Details

Currently the VAT charge for most goods and services stands at 20%. We would like the government to reduce this for small businesses.

Additional Information

Small businesses are suffering hugely from the cost of living crisis. With gas and electricity costs so high and combining that with a 20% VAT rate for most goods and services means many small businesses are struggling to break even. We would like the Government to reduce the standard VAT rate for small businesses.

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