Increase annual pension allowance tax allowance

• Petition
• Statistics

Petition Action

Increase annual pension allowance tax allowance

Petition Details

The current annual pension allowance for taxation is set at £40,000.

We want the Government to increase this annual pension taxation allowance to £120,000 immediately and to £200,000 in another 1 year.

Additional Information

The current annual allowance of £40,000 is quite restrictive and we believe is punitive for long-serving employees in all sectors of life.

Individuals from critical and emergency services such as health, security that are key for public life can be adversely affected due by huge tax bills on their pension pot.

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!