The invention relates to a toughening high-strength weather-resistant PVC composition special for boards and a preparation method of the toughening high-strength weather-resistant PVC composition. Thetoughening high-strength weather-resistant PVC composition is characterized by comprising, by weight, 100 parts of PVC resin, 4-6 parts of stabilizer, 3-10 parts of titanium dioxide, 5-16 parts of impact modifier, 1-3 parts of processing aid, 0.5-2 parts of antioxidant, 3-12 parts of calcium carbonate, 0.1-1 part of lubricating agent and 0.01-0.1 part of pigment. The preparation method includes:weighing the materials, blending in a blender, and discharging to obtain the toughening high-strength weather-resistant PVC composition. The toughening high-strength weather-resistant PVC compositionand the preparation method thereof have the advantages that the impact modifier ACR and CPE are used, and the synergistic use of the two allows the PVC boards to have good toughness and tensile strength; by adding the stabilizer and the antioxidant, the PVC boards have excellent weather resistance, and the problem of vulcanization pollution generation is avoided; PVC boards excellent in performance can be prepared by the method, and low manufacturing cost, simple production process and large-scale industrial production can be achieved.