Open petition: Cancel the 2% Increase in Tax on Savings Interest scheduled for April 2027
Created by Tarun Pathak
Closes on
The tax rates on income from savings interest are scheduled to increase by 2% from April 2027 on all rates. This will take the basic rate of tax from 20% to 22%. We object to this 2% raise on all rates from April 2027 and call on the Government to cancel this scheduled increase.
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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 13 January 2027.