Link all personal tax allowances, reliefs and thresholds with inflation

Index link all personal tax allowances, reliefs and thresholds with annual inflation to reduce the impact of increased salaries pushing individuals into paying more in tax, including income tax and inheritance tax. This includes tax reliefs such as car mileage that hasn't changed for over 12 years.

This petition closed on 15 May 2024 with 112 signatures


Reticulating Splines

You may be interested in these active petitions

1. Withdraw the Children's Wellbeing and Schools Bill immediately - 24,015 signatures
2. Commission a full Independent Review of Council Tax and Stamp Duty - 23,846 signatures
3. Reform the Dangerous Dogs Act 1991 to remove breed bans and introduce licensing - 2,217 signatures
4. Mandate default and activated parental control on all consumer home routers - 2,873 signatures
5. Continue funding Technocamps to provide the support that schools and teachers across Wales rely on. - 4,133 signatures

With the current system more and more working class individuals are now paying higher rate tax and have inheritance tax issues on death. These taxes were originally to tax the wealthy, but with wage increases, in reality, His Majesty's Government get more and more of private individual's income and wealth. By index linking the threshold and allowances with inflation, this will negate the tax impact of wage increases.


Petition Signatures over time

Constituency Data

Reticulating Splines