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. Increase the personal tax allowance threshold to £20,000 - 2,227 signatures
2. Ensure fair and transparent faith security funding for all faith communities - 20,956 signatures
3. Introduce urgent moratorium on AI Data Centres and BESS outside AI Growth Zones - 42,580 signatures
4. Immediately unfreeze gender-affirming surgeries and protect NHS Welsh Gender Service patients. - 18,129 signatures
5. Cease and ban all UK trade with Israel due to its occupation of Palestine - 2,175 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