Submitted by Gracie-Ann Allijohn on Thursday 14th November 2024
Published on Friday 6th December 2024
Current status: Closed
Closed: Friday 6th June 2025
Signatures: 948
Allow employees to deduct living expenses from salary before it’s taxed.
I’d like to propose that the Government allow employees to deduct essential living expenses—such as rent/mortgage, utility bills, food, council tax and childcare—from their income before it is subject to tax.
I believe this change could bring about several key benefits 1) Increase in disposable income. 2) Reduction in financial stress 3) Fairer taxation system. I believe that the tax system has loopholes for the rich and some large companies do not pay a fair amount of tax. I also think that a large percentage of tax is wasted, and it is therefore only fair to let people keep more of their income, and funding this could include reducing public services.
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