Petition · HM Treasury

Reform the taxation system: Increase the number of tax bands & abolish NI & VAT

Closed 74 signatures

What the petition asks

Abolish National Insurance contributions & added-on taxes. Increase the number of tax bands, the first starting at 6.5% for incomes of £20000 & the top set at 49.5% for incomes over £2million. Increase the income tax personal allowance to consider the average rent, utilities and council tax.
Top earners pay 2% on NI when the bottom earners pay 8%. We think this negates the higher income tax rate. We think a higher number of tax bands would ensure fairer tax burdens. Average monthly rent is £1271 whilst yearly average utilities is £1800, water bill £445 & council tax £1500 adding up to £18997. Making the personal allowance consider these costs may mean some people could meet their basic obligations. Taking home more means people could support local businesses supporting local town centres.

Timeline

3 Apr 2025 Petition opened for signatures
3 Oct 2025 Closed to new signatures

Key facts

Signatures 74
Status Closed
Department HM Treasury
Opened 3 Apr 2025
Closed 3 Oct 2025

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Source: the official petition page. Last checked 16 Aug 2026.