Petition Scrap or significantly increase Pension Lifetime Allowance to encourage saving

Recent (2016) pension tax relief changes have had a damaging effect on individuals willingness to save for retirement or even remain in key professions. The LTA at just over 1 Million means even middle class workers are getting caught by punitive tax bills. People are leaving the NHS as a result.

More details

A number of articles including research by the FT suggest highly experienced consultants are leaving the NHS to avoid punitive tax bills. It is not just the NHS, as everyone should be encouraged to save and benefit from investment growth.

https://www.ft.com/content/2b75a590-5485-11e9-91f9-b6515a54c5b1
https://www.ft.com/content/d5188b50-c31f-11e8-95b1-d36dfef1b89a
https://www.ft.com/content/e6d3e03c-4e12-11e9-b401-8d9ef1626294

This petition is closed This petition ran for 6 months

14 signatures

Show on a map

10,000

Date closed 2 November 2019
Get petition data (json format)

About petition data

The data shows the number of people who have signed the petition by country as well as in the constituency of each Member of Parliament. This data is available for all petitions on the site. It is not a list of people who have signed the petition. The only name that is shared on the site is that of the petition creator.