TRUSTPOLITICS

Increase the current Personal Savings Allowance (PSA) from £1000 to £3000

101
signatures
closedHM TreasuryOpened 8 January 2026Closed 8 July 2026

Background

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.

Where it’s popular

Constituencies with the most signatures on this petition.

Gateshead Central and WhickhamMark Ferguson
4
Dumfries and GallowayJohn Cooper
3
Harrogate and KnaresboroughTom Gordon
2
Edinburgh SouthIan Murray
2
North NorthumberlandDavid Smith
2
CongletonSarah Russell
2
WokinghamClive Jones
2
Leeds EastRichard Burgon
2
Blaydon and ConsettLiz Twist
2
Bathgate and LinlithgowKirsteen Sullivan
2
DarlingtonLola McEvoy
2
Newton Aycliffe and SpennymoorAlan Strickland
2
City of DurhamMary Kelly Foy
1
Brentford and IsleworthRuth Cadbury
1
CheltenhamMax Wilkinson
1
Bury St Edmunds and StowmarketDr Peter Prinsley
1
BraintreeSir James Cleverly
1
Beckenham and PengeLiam Conlon
1
Bury SouthChristian Wakeford
1
Bromley and Biggin HillPeter Fortune
1

Source: UK Government & Parliament Petitions service. Petition ID: 752548.