Petition · HM Treasury

Increase the £30,000 tax-free limit on settlement agreements

Closed 36 signatures

What the petition asks

The £30,000 tax-free limit on settlement and redundancy payments has not increased since 1988. We think it should be raised to reflect inflation and indexed each year, to ensure fair treatment for workers facing job loss or redundancy.
We ask the Government to:

Increase the tax-free limit from £30,000 to a fair, inflation-adjusted level.

Automatically index the threshold to inflation each year.

We think this change would restore fairness, support people through job loss, and reduce the tax burden on those already under financial and emotional stress.

Timeline

14 Nov 2025 Petition opened for signatures
14 May 2026 Closed to new signatures

Key facts

Signatures 36
Status Closed
Department HM Treasury
Opened 14 Nov 2025
Closed 14 May 2026

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Source: the official petition page. Last checked 25 Aug 2026.