Closed petition: Raise the VAT threshold to £250,000 for small businesses
Closed on
Raise the VAT threshold from £90,000 to £250,000 to support small businesses. We believe this could reduce red tape, encourage growth, and remove what we feel is an unfair penalty on growing businesses. We believe the current system discourages expansion and punishes progress.
We feel the £90,000 VAT threshold hasn't kept up with inflation and the current system damages growth and profit. We believe that raising it to £250,000 could support sustainability, reduce admin, and boost the economy.
107 signatures
Petition progress
View all updates for this petition, with the most recent first.
-
Petition closed
-
Petition published
This petition can now be signed.
If this petition gets 10,000 signatures, government will respond to it.
If this petition gets 100,000 signatures, it will be considered for debate in Parliament.
This petition will stay open until 8 January 2026.