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Change income tax thresholds to help for cost of living for everyone

Submitted by Paula Ross on Friday 12th August 2022

Published on Wednesday 17th August 2022

Current status: Closed

Closed: Friday 3rd March 2023

Signatures: 53

Relevant Departments

Tagged with

change ~ Cost of living ~ crisis ~ income tax ~ Money ~ Offset ~ Ratings ~ Tax

Petition Action

Change income tax thresholds to help for cost of living for everyone

Petition Details

Increase the threshold for income tax personal allowance to £20000 and higher rate threshold to £80000 allowing earners to keep more of there own money to help with the cost of living. Offset this against the highest earners over £100000.

Additional Information

To help with the cost of living by allowing people to keep more of their own earnings and giving further help to people who do not earn enough to cope with the current crisis.


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