Petitions/Reduce corporation tax for small businesses with profits under £50,000 to 13%
StatusClosed
Opened24 Dec 2024
Closes24 Jun 2025
Government response
Parliamentary debateNot eligible
Milestones

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.

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.

10,000
100,000

Constituency engagement ranking

Mr Richard Holden
1Mr Richard Holden MP
Basildon and Billericay
3
Helen Maguire
2Helen Maguire MP
Epsom and Ewell
2
Maria Eagle
3Maria Eagle MP
Liverpool Garston
2
Heidi Alexander
4Heidi Alexander MP
Swindon South
2
Sojan Joseph
5Sojan Joseph MP
Ashford
1
Daniel Francis
6Daniel Francis MP
Bexleyheath and Crayford
1
Judith Cummins
7Judith Cummins MP
Bradford South
1
Alex Burghart
8Alex Burghart MP
Brentwood and Ongar
1
Nigel Farage
9Nigel Farage MP
Clacton
1
Mary Creagh
10Mary Creagh MP
Coventry East
1