Petition Make employee bonuses tax-free up to £5,000 per year
I would like the UK Government to make employee bonuses tax-free up to £5,000 per year to reward hard work, increase productivity, and support workers during rising living costs.
More details
Bonuses are meant to reward performance and contribution, but currently a large portion is lost to income tax and National Insurance. Making bonuses tax-free up to £5,000 could incentivise productivity, improve morale, and help workers keep more of the rewards they earn. This could also encourage businesses to offer performance-based incentives and support economic growth.
15 signatures
Show on a map the geographical breakdown of signatures by constituency
10,000 signatures required to get a government response
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