Reduce the Lifetime ISA withdrawal penalty from 25% to 20%
- 30 Signatures
(Estimated Final Signatures: 96 - 1 added in the past 24hrs)
We want the Government to reduce the withdrawal penalty from a Lifetime ISA from 25% to 20% so savers needing to withdraw for reasons other than first time buying or retirement, are not punished for wanting to reallocate their savings.
Increase the 40% tax bracket threshold in line with inflation
- 51 Signatures
(Estimated Final Signatures: 95 - 2 added in the past 24hrs)
We want the Government to increase the 40% tax bracket in line with inflation. They have frozen this, which we believe is causing people to work longer and harder to earn a decent living. Working people should not be penalised for wanting to have a good quality of life for their families.
Increase Corporation Tax and Income Tax rates to better fund public services
- 7 Signatures
(Estimated Final Signatures: 90 - None added in the past 24hrs)
I want the Government to increase the income tax rates (basic, higher and additional) and to increase the corporation tax small profits rate and the main rate in order to raise additional tax revenue to be used to better support and enhance public services.
Modify Corporation Tax to incentivise smaller wage gaps between staff
- 36 Signatures
(Estimated Final Signatures: 85 - 1 added in the past 24hrs)
This petition asks the Government to change Corporation Tax to a sliding scale, proportional to the relationship between the highest and lowest paid person in a company. The greater the disparity between highest and lowest paid, the greater the tax rate, the smaller the gap, the lower the tax rate.
Review all taxes with a view to reducing or abolishing taxes where possible
- 74 Signatures
(Estimated Final Signatures: 84 - 1 added in the past 24hrs)
We want the Government to review all taxes, with a to reducing or abolishing taxes where possible. This should include:
- Income tax
- Inheritance tax
- National Insurance
- VAT
- Inheritance tax
- Vehicle excise duty
Make school uniforms VAT exempt
- 35 Signatures
(Estimated Final Signatures: 84 - 1 added in the past 24hrs)
We want the government to pass legislation to make school uniform VAT exempt.
Reduce VAT for veterans
- 80 Signatures
(Estimated Final Signatures: 84 - 1 added in the past 24hrs)
I would like the Government to reduce the amount of VAT for all veterans, with a higher level of reduction for injured veterans.
Change VAT Threshold to Profit Earned
- 79 Signatures
(Estimated Final Signatures: 84 - 1 added in the past 24hrs)
Change the threshold for VAT to profit earned rather than turnover.
Many small businesses (especially hospitality) have high turnovers but minimal profit!
Make payments on account optional for the self employed
- 45 Signatures
(Estimated Final Signatures: 82 - 12 added in the past 24hrs)
Currently the self employed are expected to pay 50% of the next years tax bill based on the previous year tax. Self employed people don’t earn a fixed amount therefore the payments on account is needed to pay bills.
Exempt overtime earnings from tax
- 72 Signatures
(Estimated Final Signatures: 81 - 1 added in the past 24hrs)
Exempting overtime from taxation acknowledges the extra effort and dedication of workers, and we believe would be fairer. This approach could help promote financial stability, motivate the workforce, and stimulate economic growth by putting more money directly into the pockets of workers.