This petition was submitted during the 2010 to 2015 Parliament
Closed petition Reduce rate of VAT to 15%
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The Chancellor of the Exchequer, George Osborne, increased VAT from 17.5% to 20%.
We call on the Chancellor of the Exchequer to think again. His policies are holding back economic growth, hampering businesses and putting jobs at risk.
In order to stimulate growth in the economy and restore business confidence we ask for a debate on the reduction in the level of VAT down to 15% for the good of the nation.
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If this petition gets 10,000 signatures, government will respond to it.
If this petition gets 100,000 signatures, it will be considered for debate in Parliament.
This petition will stay open until 5 February 2012.