Petition Immediately increase the VAT Threshold to £100,000

The VAT threshold has been £85,000 for several years but now due to increased fuel costs and a massive rise in inflation, costs for small businesses are spiralling and many face decreasing earnings and profits.

More details

Reducing costs to businesses by increasing the VAT threshold should mean increased profits and could lead to higher tax revenues to the treasury.

Increasing the VAT threshold should help ensure small business owners have a reasonable income and incentive increasing earnings up to the new threshold. It could be a win for both sides.

This petition is closed This petition ran for 6 months

149 signatures

Show on a map

10,000

Date closed 22 May 2023
Get petition data (json format)

About petition data

The data shows the number of people who have signed the petition by country as well as in the constituency of each Member of Parliament. This data is available for all petitions on the site. It is not a list of people who have signed the petition. The only name that is shared on the site is that of the petition creator.