Raise the Personal Allowance from £12,570 to £18,220

Raise the Personal Allowance from £12,570 to £18,220 — 6 signatures. Status: rejected.

Petition background

Raise the tax-free Personal Allowance from £12,570 to £18,220. This would align it with the 45.8% rise in the National Minimum Wage since 2020, helping low and middle-income earners keep more of their wages amid the rising cost of living.

Additional details

In 2020, the National Minimum Wage was £8.72/hour and the Personal Allowance was £12,500. By 2026, minimum wage rose 45.8% to £12.71/hour, but the Personal Allowance has been frozen at £12,570 since 2021 and is set to stay frozen until 2031. If it had grown with minimum wage, it would now be £18,220. Meanwhile rent, energy, food and transport costs have soared. Raising it would let low and middle-income workers keep more of their earnings.

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