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Increase the tax-free dividend allowance for stocks in UK businesses

Submitted by James Gunn on Friday 22nd December 2023

Published on Friday 5th January 2024

Current status: Closed

Closed: Wednesday 29th May 2024

Signatures: 27

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Petition Action

Increase the tax-free dividend allowance for stocks in UK businesses

Petition Details

We want the Government to increase the tax-free dividend allowance for stocks in UK businesses.

This should encourage investment in UK businesses, and increase individual motivation and ability to invest for their future, helping to reduce further burden on state pensions and welfare.

Additional Information

I believe the reductions in the tax-free dividend allowance is further reducing the ability for the individual investor to provide financial security for their future and reduces the incentive to save/invest beyond the current allowance.

This should encourage increased investment in UK businesses, and help strengthen the UK as a services industry, and provide the UK stock market with the inflow it needs.


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