Petition Increase the current Personal Savings Allowance (PSA) from £1000 to £3000

Increase Personal Savers allowance to £3000. We think £1000 is a very low rate at which to start taxing the interest on people’s savings, this needs to be changed as most of savings has already been taxed, it’s totally unfair, no incentive to save up.

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77 signatures

Progress of the petition towards its next target: 77 of 10,000 signatures required to get a government response

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Created by Carl Kalland
Deadline 8 July 2026 All petitions run for 6 months
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