Petition · past parliament
Increase the VAT threshold for small businesses to £110k
Closed
36 signatures
What the petition asks
Cost of materials and other services e.g energy new technology and regulations have gone up but small businesses struggle to pass this cost on immediately. Small businesses do contribute towards VAT through above costs but never reclaim. We require this small assistant to keep the business afloat.
Small businesses are the foundation of this country. With the current political uncertainty and rising costs, small businesses are feeling the brunt of it and finding difficult to "make ends meet" and rapidly verging on to impossible. This small gesture from the government will help small businesses to thrive on and become stable to help build the countries future.
Timeline
| 9 Jan 2019 | Petition opened for signatures |
| 9 Jul 2019 | Closed to new signatures |
Key facts
Signatures
36
Status
Closed
Opened
9 Jan 2019
Closed
9 Jul 2019
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Source: the official petition page. Last checked 15 Jul 2026.