Petition · past parliament

Create a Windfall tax for those that have benefitted excessively from Covid-19.

Rejected 21 signatures

What the petition asks

Companies who have benefitted from the Covid-19 pandemic should have excess profit taxed at a special rate. A company that can be shown to have benefitted directly from Covid-19 would pay the standard rate of tax on profit equal to the pre Covid level. But a new rate of 85% on anything above.
We have seen multiple examples of profiteering by certain companies as a direct result of the Covid-19 Pandemic. With excessive prices being charged for even the most basis supplies. PPE being an excellent example. Rather than taxing the majority who are already looking at a bleak foreseeable future, use a windfall tax that only takes into account the excess profit made as a direct result of the current medical situation. Raising revenue and discouraging profiteering.

Why it was rejected

There was already a petition about this issue. Duplicates are rejected so signatures collect in one place.

You may wish to sign this petition which calls for the same action: Windfall Tax Profits made by Companies during the Covid 19 Pandemic.

You can find out more about coronavirus and how you can protect yourself and others here:

www.gov.uk/coronavirus
https://www.nhs.uk/conditions/coronavirus-covid-19/

The Government has also created an online service to help you find out what you can do if you’re struggling because of coronavirus: https://www.gov.uk/find-coronavirus-support

You can read NHS tips to help if you are worried about coronavirus here: https://www.nhs.uk/oneyou/every-mind-matters/coronavirus-covid-19-anxiety-tips

You can read impartial analysis of the Government response to coronavirus and policy developments here: https://commonslibrary.parliament.uk/coronavirus/

You may also be interested to know that because of the large number of petitions that have been started in relation to coronavirus, the Petitions Committee has been questioning the Government about its response to the coronavirus outbreak.

Find out more: https://committees.parliament.uk/work/192/the-governments-response-to-coronavirus/

Timeline

20 Nov 2020 Petition opened for signatures
26 Nov 2020 Rejected by the Petitions Committee

Key facts

Signatures 21
Status Rejected
Rejected 26 Nov 2020

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