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More than 5,200 people have signed a new online petition calling for the personal tax allowance to be increased from £12,570 to £15,597. The aim is to "give more people money in their pockets to pay their bills" and reduce reliance on government assistance.
The petition's creator, Andy Hobson, is also calling on the UK Government to raise the higher income tax threshold from £50,271 to £62,379.02. Earlier this year, the Labour Government announced that the Personal Allowance will remain frozen at £12,570 until April 2028.
The proposed income tax thresholds by the campaigner are based on the current thresholds, which have been in place since 2021. Mr Hobson argues that "as we pay more for goods, our tax free allowance stays the same meaning we're getting poorer".
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