Petition Raise the VAT threshold to £250,000 for small businesses
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.
More details
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.
18 signatures
Show on a map the geographical breakdown of signatures by constituency
10,000 signatures required to get a government response
At 10,000 signatures...
At 10,000 signatures, government will respond to this petition
At 100,000 signatures...
At 100,000 signatures, this petition will be considered for debate in Parliament