Skip to main content

Open petition: Increase the current Personal Savings Allowance (PSA) from £1000 to £3000

Created by Carl Kalland
Closes on

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.

Sign this petition

100 signatures


Petition progress

View all updates for this petition, with the most recent first.

  • Petition published

    This petition can now be signed.

    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 8 July 2026.