Closed petition Reduce corporation tax for small businesses with profits under £50,000 to 13%

I believe the Government should reduce the corporation tax rate on small businesses with profits of £50,000 from the current rate of 19% to 13%, as I believe it would help small businesses to stay competitive and open in the World of business.

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I believe 19% is too much for small businesses, as the cost of living and inflation have led to many small businesses, earning less than £50,000 profit, to struggle to stay open. I believe the current tax rate is harming the World of business and people's ability to open up their own business.

This petition is closed All petitions run for 6 months

52 signatures

Progress of the petition towards its next target: 52 of 10,000 signatures required to get a government response

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10,000 signatures required to get a government response

Date closed 24 June 2025
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