Petition · past parliament · HM Treasury
Get British businesses ready for COVID19 recovery through Corporation Tax relief
Closed
1,015 signatures
What the petition asks
The Chancellor must introduce scaled relief for Corporation Tax payments due this year, in order to help smaller companies invest through the COVID19 crisis:
100% relief for turnover under £100,000,
70% for turnover over under £250,000
40% for turnover under £1million
100% relief for turnover under £100,000,
70% for turnover over under £250,000
40% for turnover under £1million
Britain's recovery from COVID19 will take many months and our economic recovery at a local and national level will be driven by the tens of thousands of smaller businesses who are most adversely affected when it comes to their ability to trade through. These businesses are, however, the backbone of Britain and need the support of the government in order to recover, innovate, and thrive.
Scaled Corporation Tax relief reduces the need for more government spending and empowers small businesses.
Scaled Corporation Tax relief reduces the need for more government spending and empowers small businesses.
Timeline
| 7 Jul 2020 | Petition opened for signatures |
| 7 Jan 2021 | Closed to new signatures |
Key facts
Signatures
1,015
Status
Closed
Department
HM Treasury
Opened
7 Jul 2020
Closed
7 Jan 2021
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Source: the official petition page. Last checked 15 Jul 2026.