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Closed petition Reduce VAT on sales under £500 and increase VAT on sales over £50k

We want the Government to cut the VAT rate on goods and services below the value of £500 to zero, increase VAT on goods and services valued between £50,000 to £250,000 to 25%, and increase the VAT on goods and services above £250,000 to 30%

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Cutting VAT to zero on goods and services below £500 would help hard pressed low income families also many Hospitality, Catering and Small businesses, as prices should fall accordingly making goods more affordable, which could help boost the economy.

This petition is closed All petitions run for 6 months

27 signatures

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10,000

Date closed 30 April 2023
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Closed petition Reduce VAT on sales under £500 and increase VAT on sales over £50k