Set the income tax personal allowance to £15,597 & higher rate to £62,379.02

Set the tax free allowance at £15,597, calculated via the Bank of England inflation calculator Vs 2021 when the current rate was set. The same for the higher rate, currently £50,271 set in 2021, this should be £62,379.02.

5,909 Signatures

Status
Open
Opened
Friday 18th July 2025
Last 24 hours signatures
7
Signature Deadline
Sunday 18th January 2026
Estimated Final Signatures: 6,463

Reticulating Splines

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We think this would give more people money in their pockets to pay their bills and rely less on government help. This could also mean more money being spent so more VAT in the governments pocket too. We are currently suffering fiscal drag because of this and the previous government chose to freeze thresholds but we think this is a stealth tax. As we pay more for goods, our tax free allowance stays the same meaning we're getting poorer.


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Reticulating Splines