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Increase the personal tax allowance of people made redundant to £50k

Submitted by Sung Kwong Billy Baltazar Lam on Friday 30th October 2020

Published on Friday 13th November 2020

Current status: Open

Open until: Thursday 13th May 2021

Current Signatures: 11
(count is updated approximately hourly)

Relevant Departments

Tagged with

Direct ~ furlough ~ Tax

Petition Action

Increase the personal tax allowance of people made redundant to £50k

Petition Details

Those who are made redundant can face significant financial hardship, and many only get a small redundancy package. There is £30k tax allowance for redundancy packages, but many do not benefit fully from. Increasing their personal tax allowance aims to help all people who are made redundant.

Additional Information

During the current outbreak there has been no direct financial help for this group. There has been help for those who buy properties, 2-3 furlough schemes, and 2-3 business grants, but there has been no additional financial help for the people who have been made redundant.


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3.238.190.82 Wed, 25 Nov 2020 22:00:03 +0000