Rejected petition End Bonus Tax: Reward Work, Don't Punish It!

Rising living costs squeeze hardworking families. Taxing employee bonuses, a reward for exceeding expectations, only makes it worse. Exempting bonuses from income tax would provide financial relief and incentivise top performance, ultimately benefiting businesses and the economy.

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Taxing bonuses discourages employees from striving for excellence. If a significant portion of a bonus is lost to taxes, the incentive to go above and beyond diminishes. This can ultimately harm businesses seeking to retain top talent and maximize productivity.

Bonuses often represent a substantial portion of a middle-class worker's annual income. Taxing these bonuses places an undue burden on families already grappling with rising costs.

This petition was rejected

Why was this petition rejected?

There’s already a petition about this issue. We cannot accept a new petition when we already have one about a very similar issue.

You are more likely to get action on this issue if you sign and share a single petition.

You may wish to sign this petition which calls for the same action: https://petition.parliament.uk/petitions/659042

We only reject petitions that don’t meet the petition standards.

Date submitted 8 March 2024
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