Petition · past parliament · HM Treasury

Implement a Covid Windfall tax on companies which profited from the Covid Crisis

Closed 850 signatures

What the petition asks

For large companies with operations in the UK who report profits greater than their 5 year average, whether that is reported to UK authorities or authorities abroad, during the years 2020/2021 and 2021/2022, (the Covid pandemic years) a high windfall tax should be levied upon those excess profits.
Many businesses and employees operating in the UK have suffered great hardship as a result of the Government's policy responses to the Covid pandemic. There are, however, some, mostly large multinational companies and their senior executives, who've massively profited from these responses, e.g. pharmaceutical companies. The Government have now announced an increase in overall taxation on the British people to the highest level ever. A windfall tax would reallocate the tax burden.

Timeline

14 Sep 2021 Petition opened for signatures
14 Mar 2022 Closed to new signatures

Key facts

Signatures 850
Status Closed
Department HM Treasury
Opened 14 Sep 2021
Closed 14 Mar 2022

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