Open Petition: Raise the Tax-Free Personal Allowance to £16,000 in the next tax year

Raise the Tax-Free Personal Allowance to £16,000 in the next tax year

The current standard Personal Allowance is £12,570. However, with the current economic challenges and increased living costs, we believe the £12,570 allowance is no longer sufficient for many people.

161 Signatures

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Status
Open

Opened
Thursday 29th February 2024

Last 24 hours signatures
1

Signature Deadline
Thursday 29th August 2024

Estimated Final Signatures: 269

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By increasing the standard Personal Allowance from £12,570 to £16,000 we can support average UK workers.

We ended December 2023 with an inflation rate of 4.0%. This economic climate has left many struggling to make ends meet, with some full time workers having to use food banks.

Raise the Tax-Free Personal Allowance to £16,000 in the next tax year

161 Signatures

Reticulating Splines

1. Raise the personal tax allowance to £15,000 - 22,015 signatures

2. Pledge 0.25% of GDP to military aid for Ukraine for the next 4 years - 2,165 signatures

3. Increase Carer’s Allowance to equal 35 hours at 50% of the living wage. - 13,888 signatures

4. Reverse Government plans to abolish the Furnished Holiday Lettings tax regime - 5,077 signatures

5. Remove powers to vary income tax rates from the Scottish Parliament - 12,022 signatures

Petition Signatures over time

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