Petition simplified income and corporation tax

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Make taxes lower and simpler to reduce costs of collection, reduce avoidance, increase the incentive to earn and raise more revenues for the government. Personal allwance of £10k, no other deductions allowable and 10% flat tax on all income over £10k. Vat at 10% and all businesses with turnover greater than £30k to register. Corp'n tax to be 3% of UK turnover (not profits). These measure will provide clarity, remove swathes of avoidance and raise more revenues overall and help make work pay. Keep it simple.

This petition is closed This petition ran for 6 months

4 signatures

Progress of the petition towards its next target: 4 of 10,000 signatures required to get a government response

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10,000 signatures required to get a government response

Date closed 1 September 2012
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