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This petition was submitted during the 2019 to 2024 Parliament

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Closed Reduce the standard rate of VAT for small businesses

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Currently the VAT charge for most goods and services stands at 20%. We would like the government to reduce this for small businesses.

Small businesses are suffering hugely from the cost of living crisis. With gas and electricity costs so high and combining that with a 20% VAT rate for most goods and services means many small businesses are struggling to break even. We would like the Government to reduce the standard VAT rate for small businesses.

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    If this petition gets 10,000 signatures, government will respond to it.

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    This petition will stay open until 30 May 2024.