Submitted by Scott thompson on Monday 24th April 2023
Published on Wednesday 3rd May 2023
Current status: Closed
Closed: Friday 3rd November 2023
Signatures: 443
Relevant Departments
Increase the 40% tax bracket from £50,270 to £70,000
With the current cost of living crisis the general public are working all hours humanely possible to stay afloat. We want the Government to raise the 40% tax threshold from the £50,270 to £70,000, so people lose a smaller proportion of their income to tax.
Just like all costs rising with inflation, I believe the tax bracket should be increased too. there is a much bigger salary range between 40% and 45% than their is between 20% and 40% just that extra lift to £70,000 would make would help people with the cost of living, or to save for their future.
You can't sign this petition because it is now closed. But you can still comment on it here at Repetition.me!
3.137.180.62 Thu, 21 Nov 2024 14:27:28 +0000