Petition Exempt small fish and chip shops from VAT registration requirements
Exempt small fish and chip shops from VAT registration so they can grow, protect jobs and keep prices affordable.
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Small fish and chip shops operate on tight margins with rising costs for energy, oil, fish and wages. Once VAT registered, they must add 20% to prices or absorb it, reducing profits and limiting growth. This puts independent shops at a disadvantage and risks closures. Exempting them from VAT registration would support small businesses, protect jobs and help keep prices affordable for customers.
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