Rejected petition Raise the VAT threshold as it’s not been increased for 5 years.

Raise the VAT threshold as it’s not been increased for 5 years.

To raise the VAT threshold from £85,000- £100,000+

More details

When looking at the history of the VAT threshold it has increased consistently every year from 99 until 2018. The governments target of inflation when measured by the CPI is 2% so therefore why has the VAT threshold not reflected this. However given the current climate the inflation rate has been approximately 10% recently which therefore means this extra needs to be accounted. Hence the substantial increase is believed to be necessary as it has not been amended for the last 5 years.

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.

You are more likely to get action on this issue if you sign and share a single petition.

You may wish to sign this petition which calls for a similar action: https://petition.parliament.uk/petitions/654162

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

Date submitted 4 January 2024
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