Rejected petition Stop crippling small business by changing VAT and Tax rules.

This government has systematically introduced changes in Tax and VAT rules that specifically hit small business throughout the UK. Higher NI contributions, Employer Pension Contributions, Lower Director dividends, and now the virtual disappearance of Flat Rate VAT Savings. This needs to end.

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From 1st April 2017, the benefits of Flat Rate savings will virtually disappear for the majority of Contractors. HMRC has proposed a new flat rate percentage of 16.5% for any business of any industry if they are classified as Limited Cost Trader. 16.5% equates to 19.2% of sale and therefore the saving is the very small amount of just 0.8%. So naturally anyone spending more than 0.8% on Vatable expenses will be worse off continuing on the Flat Rate Scheme from 1st April 2017.

This petition was rejected

Why was this petition rejected?

There’s already a petition about this issue. We cannot accept a new petition when we already have one about a very similar issue.

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https://petition.parliament.uk/petitions/

https://petition.parliament.uk/petitions/175433

We only reject petitions that don’t meet the petition standards.

Date submitted 21 March 2017
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