This petition was submitted during the 2019 to 2024 Parliament
Closed petition Raise higher rate income tax (40%) threshold to £80,000
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The Government should raise the threshold at which people pay the higher rate of income tax bracket (40%) from £50,271 to £80,000.
Raising the higher tax bracket could encourage workers to work more hours or even take a 2nd job to cope with inflation and the higher cost of living, without thinking so much about paying 40% of their hard earned money over the threshold as tax.
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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 31 December 2022.