Petition · past parliament

Increase the VAT threshold for small businesses.

Closed 32 signatures

What the petition asks

As a small business that operates on a purely residential basis - in private homes where any added VAT is not claimed back by home owners - I feel that all small businesses would benefit from a raised VAT cap which would allow them to grow and would boost the economy further.
Small companies make up 96% of the business in the UK and contribute to 33% of employment and 22% of turnover. I feel that if small companies - specifically ones that cater purely to the needs of private households where added VAT is only a hinderance for all involved - had an increased VAT threshold of anywhere between £110,000-£150,000 then they would be encouraged to grow and in doing so support the UK economy even more.

Timeline

16 May 2018 Petition opened for signatures
16 Nov 2018 Closed to new signatures

Key facts

Signatures 32
Status Closed
Opened 16 May 2018
Closed 16 Nov 2018

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