Petition · HM Treasury
Increase the current Personal Savings Allowance (PSA) from £1000 to £3000
Closed
101 signatures
What the petition asks
Increase Personal Savers allowance to £3000. We think £1000 is a very low rate at which to start taxing the interest on people’s savings, this needs to be changed as most of savings has already been taxed, it’s totally unfair, no incentive to save up.
Timeline
| 8 Jan 2026 | Petition opened for signatures |
| 8 Jul 2026 | Closed to new signatures |
Key facts
Signatures
101
Status
Closed
Department
HM Treasury
Opened
8 Jan 2026
Closed
8 Jul 2026
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Source: the official petition page. Last checked 13 Aug 2026.