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Remove income tax from savings, annuities and pensions for those over state pens

Submitted by Donald Hallam on Thursday 25th June 2020

Published on Tuesday 4th August 2020

Current status: Closed

Closed: Thursday 4th February 2021

Signatures: 633

Relevant Departments

Tagged with

Council ~ council tax ~ income tax ~ Pensions ~ Tax

Petition Action

Remove income tax from savings, annuities and pensions for those over state pens

Petition Details

Remove income tax from pensions, annuities and savings for those over the State Pension Age.

Additional Information

Pensioners have paid income tax and NI for decades and need their pensions and savings to pay for their care. We believe that their thrift in saving and investing is, currently, unfairly taxed when considering that the State support, through pension credits, housing and council tax benefit, those that don't have adequate savings or pensions.


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