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This petition was submitted during the 2019 to 2024 Parliament

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Closed petition Lower tax for draw downs on those with private pensions to 5%.

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I'd like the government to lower taxable pension draw downs from 20% to 5 %

I believe that already having paid tax that 20% is too high for subsequent draw downs I believe that by reducing the tax more money would be injected into the economy
We still pay tax to help those in need.
And the amount of draw down would be capped and only so many in any determined year like 2 in 5 years up to 15 k

14 signatures


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    If this petition gets 10,000 signatures, government will respond to it.

    If this petition gets 100,000 signatures, it will be considered for debate in Parliament.

    This petition will stay open until 28 November 2021.