Restaurateur launches petition to raise VAT limit
A restaurateur has launched a nationwide, online petition, calling on Gordon Brown to raise the VAT limit.
Abu Taher, who owns the T&K Balti House, in Leicester, wants businesses with a turnover of £95,000 or less to be exempt from VAT. The current limit is £67,000.
Taher wants fans of Indian restaurants throughout the country to back his campaign: "The petition is moving very fast and lots of people are saying a change in the VAT threshold is an important step the Government must take for the sake of our businesses," said Mr. Taher. "I'm very hopeful of getting 100,000 signatures through the online campaign."
A Treasury spokesman said the UK already had the highest VAT threshold in the European Union : "All taxes and thresholds are kept under review," he said.
Taher's petition can be found on the 10, Downing Street website. Link to petition >>
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By Roger Bushby
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