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Open Increase the VAT taxable turnover threshold to £150,000 for small businesses

Created by Carl Clasper
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We believe small businesses are struggling to grow with the current threshold and many businesses are worse off when registering for VAT as you need to make significantly more than the current £90,000 to see the benefits.

In our view, increasing the taxable turnover threshold to £150,000 would grow business with the chance to explore more avenues of their trade.

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    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 5 February 2027.