Zero interest income tax on savings and pensions

• Petition
• Statistics

Petition Action

Zero interest income tax on savings and pensions

Additional Information

Savers and pensioners are being clobbered by the recession through no fault of their own.

There should be no income tax paid on interest from savings accounts because we want to encourage savers and the money put aside normally comes from nett income anyway, so it is a double tax.

Pension income should also be income tax free (maybe up to a limit to avoid millionaires becoming even more rich) or the personal allowance should be increased significantly for pensioners who have worked hard all their lives.

---

You can't sign this petition because it is now closed. But you can still comment on it here at Repetition.me!

Have your say on this petition!

comments powered by Disqus