Petition · past parliament

Stop the planned reduction of the tax free dividend from £5k to £2k in April '18

Closed 95 signatures

What the petition asks

The recent budget the chancellor outlined a reduction in the tax free dividend allowance from £5000 down to £2000. This will hit thousands of small business very hard. As a small business you do not get paid holidays or paid sick leave and small companies already pay corporation tax hitting the SMEs
Chancellors budget 2017. There should be a fairer way to tax the larger companies who pay less corporation tax and take larger dividends. The government want to make this country great again, but you are hitting the backbone of this country the small businesses

Timeline

20 Mar 2017 Petition opened for signatures
2 May 2017 Closed to new signatures

Key facts

Signatures 95
Status Closed
Opened 20 Mar 2017
Closed 2 May 2017

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Source: the official petition page. Last checked 15 Jul 2026.