Submitted by Trilochan Kharal on Monday 18th December 2023
Published on Tuesday 2nd January 2024
Current status: Closed
Closed: Wednesday 29th May 2024
Signatures: 43
Relevant Departments
Reduce the standard rate of VAT for small businesses
Currently the VAT charge for most goods and services stands at 20%. We would like the government to reduce this for small businesses.
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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3.142.40.195 Thu, 21 Nov 2024 13:03:16 +0000