Reduce VAT to 5% for small businesses until the energy crisis is under control.

Rejected 10 signatures

What the petition asks

Change government policy to support small businesses during the energy crisis

1) Reduce VAT to 5%
2) Introduce business rate rebates.
3) Re-Introduce a cap on energy price rises.
4) Proactive launch of new decarbonisation and grant schemes to support SME’s

Since February 2021, small businesses have seen their gas & energy costs rise over 400% with further increases anticipated resulting in record levels of business failure.

Our high street has survived unprecedented challenges arising from the pandemic, & despite having not fully recovered we once again face an existential threat which has already resulted in many thousands of businesses to cease trading, with inevitable mass business failure if adequate and immediate action isn’t taken.

Why it was rejected

It was not clear what the petition asked the UK Government or Parliament to do.

Petitions need to call on the Government or Parliament to take a specific action.

We're not sure exactly what you'd like the Government or Parliament to do. We're not sure if you'd like this VAT cut to apply to small businesses or to everyone.

You could start a new petition explaining clearly what you would like the Government or Parliament to do.

You might also like to be aware that since you started your petition, the Government has announced an energy price cap for businesses:
https://www.gov.uk/government/news/government-announces-energy-price-guarantee-for-families-and-businesses-while-urgently-taking-action-to-reform-broken-energy-market

Timeline

7 Sep 2022	Petition opened for signatures
23 Sep 2022	Rejected by the Petitions Committee

Key facts

Signatures 10

Status Rejected

Rejected 23 Sep 2022

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