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Thousands join push to lift HMRC Personal Allowance to £18,000 as tax freeze goes on
The campaign says the frozen £12,570 threshold is pulling more workers into Income Tax, and ministers say raising it to £18,000 would cost over £40 billion a year.
- Created by Mike Haynes, the petition seeking to raise the Personal Allowance has reached 49,123 signatures, nearing a key milestone as public support grows for changing current tax policies.
- Frozen at £12,570 until 2031, the Personal Allowance policy increases tax revenues by pulling more workers into paying Income Tax through fiscal drag without changing headline rates.
- Workers on minimum wage may soon pay Income Tax due to fiscal drag, with campaigners stating, "We want to keep some more of our own money."
- Ministers rejected the proposal to increase the Personal Allowance to £18,000, saying doing so would incur a significant fiscal cost of over £40 billion per year.
- If it reaches 100,000 signatures, the petition will be considered for a debate in Parliament, although there is no guarantee that MPs will schedule one before closing on 30 September 2026.
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gazetteherald.co.uk+17 Reposted by 17 other sources
Thousands join push to lift HMRC Personal Allowance to £18,000 as tax freeze goes on
A petition calling for the tax-free Personal Allowance to be increased from £12,570 to £18,000 is closing in on 50,000 signatures, as support continues to grow among taxpayers frustrated by years of frozen tax thresholds.
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