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. Implement a strategy to protect motorcyclists from imports of unsafe clothing - 6,833 signatures
2. Provide funding to preserve and protect cemeteries around the UK. - 3,909 signatures
3. Fund a full bursary and maintenance fund to train Learning Disability Nurses - 2,384 signatures
4. Increase funding for people with Parkinson’s and implement the "Parky Charter" - 56,131 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