Link the personal tax free allowance to a cost of living/ inflation index.
1 Remove 2028 lock on personal allowance 2 Benchmark to a cost of living index similar to state pension 3 Review and amend annually
Signatures
762
signatures
Government response threshold (10,000) · 762/10,000
Debate threshold (100,000) · 762/100,000
- 21 AUG 2025Petition closedFinal total: 762 signatures
- 21 FEB 2025Petition opened for signatures
Background
We believe that the evidence points to the fact that not reviewing this allowance in line with inflation etc. disproportionately impacts the less well off as the value of income is eroded so the money buys less goods and services.