This petition was submitted during the 2015–2017 Conservative government
Petition Stop the planned reduction of the tax free dividend from £5k to £2k in April '18
The recent budget the chancellor outlined a reduction in the tax free dividend allowance from £5000 down to £2000. This will hit thousands of small business very hard. As a small business you do not get paid holidays or paid sick leave and small companies already pay corporation tax hitting the SMEs
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Chancellors budget 2017. There should be a fairer way to tax the larger companies who pay less corporation tax and take larger dividends. The government want to make this country great again, but you are hitting the backbone of this country the small businesses
This petition closed early because of a General Election Find out more on the Petitions Committee website