Petition Reduce income taxes on earnings under £50,000 and increase personal allowance
Reduce the current basic tax rate of 20%, to 10%, for those earning under £50,000 a year, and increase the personal tax-free allowance to £15,000 a year.
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We believe many are struggling financially. In our view, prices are too high, food and basic necessities cost too much, bills are increasing, people are having to choose between having a warm house or food. We believe young people can't afford to live independently as they could be due to the current personal allowance. We believe the government needs to start thinking about the public and their needs.
At 10,000 signatures...
At 10,000 signatures, government will respond to this petition
At 100,000 signatures...
At 100,000 signatures, this petition will be considered for debate in Parliament