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