Petition · HM Treasury
Link the personal tax free allowance to a cost of living/ inflation index.
Closed
762 signatures
What the petition asks
1 Remove 2028 lock on personal allowance
2 Benchmark to a cost of living index similar to state pension
3 Review and amend annually
2 Benchmark to a cost of living index similar to state pension
3 Review and amend annually
We believe that the evidence points to the fact that not reviewing this allowance in line with inflation etc. disproportionately impacts the less well off as the value of income is eroded so the money buys less goods and services.
Timeline
| 21 Feb 2025 | Petition opened for signatures |
| 21 Aug 2025 | Closed to new signatures |
Key facts
Signatures
762
Status
Closed
Department
HM Treasury
Opened
21 Feb 2025
Closed
21 Aug 2025
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Source: the official petition page. Last checked 2 Aug 2026.