This petition was submitted during the 2019-2024 parliament
Rejected petition Introduce a Windfall Tax on Private Finance Initiative (PFI) companies
Introduce a Windfall Tax on Private Finance Initiative (PFI) companies against the massive profits these companies are making from Public Money. And the Government should investigate any activity by PPI companies which could involve offshore tax avoidance activity.
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Our Governments entered into private-public partnerships with PPI companies with their “heads in the sand”, the main reason being it would keep the costs off the National Debt (ie off the balance sheet).
PFI should be brought on balance sheet. The Treasury should remove any perverse incentives unrelated to value for money by ensuring that PFI is not used to circumvent departmental budget limits. It should also ask the OBR to include PFI liabilities in future assessments of the fiscal rules.
This petition was rejected
Why was this petition rejected?
It’s not clear what the petition is asking the UK Government or Parliament to do.
Petitions need to call on the Government or Parliament to take a specific action.
We understand that you are concerned about Private Finance Initiative (PFI) companies, but it's not clear if you want the Government to introduce a windfall tax on the profits of these companies, or make wider changes to how PFI contracts work.
You could start a new petition explaining clearly what you would like the Government or Parliament to do. It would need to be clear from both the title and main text of your petition what you want to happen. We cannot accept petitions where the title makes one request, and the petition goes on to ask for several other things.
We only reject petitions that don’t meet the petition standards.