Have your say on government e-petitions

Reduce corporation tax for small businesses with profits under £50,000 to 13%

Submitted by Marley Campbell on Sunday 24th November 2024

Published on Tuesday 24th December 2024

Current status: Open

Open until: Tuesday 24th June 2025

Current Signatures: 10
(count is updated approximately hourly)

Tagged with

Busy ~ Corporation Tax ~ Cost ~ Cost of living ~ Government ~ inflation ~ Profiteering ~ Ratings ~ Small businesses ~ Tax ~ tax rate ~ The World ~ Up

Petition Action

Reduce corporation tax for small businesses with profits under £50,000 to 13%

Petition Details

I believe the Government should reduce the corporation tax rate on small businesses with profits of £50,000 from the current rate of 19% to 13%, as I believe it would help small businesses to stay competitive and open in the World of business.

Additional Information

I believe 19% is too much for small businesses, as the cost of living and inflation have led to many small businesses, earning less than £50,000 profit, to struggle to stay open. I believe the current tax rate is harming the World of business and people's ability to open up their own business.


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3.129.253.21 Wed, 25 Dec 2024 07:28:32 +0000