Abolish income tax on State Pension for UK pensioners

Recent signers:
Griffith Davies and 17 others have signed recently.

The Issue

For decades, UK pensioners have diligently contributed to the economy by paying income tax throughout their working lives. Now, in retirement, they face the most financially vulnerable period of their lives, often with restricted income and increasing living costs, with many relying solely on a state pension as their only income. Yet, as the state pension amount approaches and is set to pass the threshold for income tax, pensioners could be required to pay tax on the State Pension amount above the threshold, adding an unnecessary financial burden at a time when every penny counts.

Many pensioners rely solely on their State Pension as their primary source of income. According to recent data, the State Pension is already insufficient to cover basic living expenses for a significant number of retirees. In fact, a 2021 report from the Pensions Policy Institute found that 1 in 5 pensioners lived in poverty. Imposing an income tax on this meagre allowance exacerbates the struggle to make ends meet.

Furthermore, UK pensioners have already paid their dues to society. Over their lifetime, they've supported the economy, contributed to national development, and paid taxes at every stage of their careers. It is only fair that they receive relief from taxation in their golden years.

Abolishing income tax on State Pensions is not only a moral imperative, but it also acknowledges the invaluable contributions that pensioners have made to our country. This change would provide crucial financial relief, allowing pensioners the dignity and financial security they deserve in retirement.

Please join us in calling on the UK Government to abolish the income tax on State Pensions for our valued pensioners. By signing this petition, you advocate for a fair system that recognises and respects the lifelong contribution of pensioners. Sign now to support a dignified retirement for all UK pensioners.

16,669

Recent signers:
Griffith Davies and 17 others have signed recently.

The Issue

For decades, UK pensioners have diligently contributed to the economy by paying income tax throughout their working lives. Now, in retirement, they face the most financially vulnerable period of their lives, often with restricted income and increasing living costs, with many relying solely on a state pension as their only income. Yet, as the state pension amount approaches and is set to pass the threshold for income tax, pensioners could be required to pay tax on the State Pension amount above the threshold, adding an unnecessary financial burden at a time when every penny counts.

Many pensioners rely solely on their State Pension as their primary source of income. According to recent data, the State Pension is already insufficient to cover basic living expenses for a significant number of retirees. In fact, a 2021 report from the Pensions Policy Institute found that 1 in 5 pensioners lived in poverty. Imposing an income tax on this meagre allowance exacerbates the struggle to make ends meet.

Furthermore, UK pensioners have already paid their dues to society. Over their lifetime, they've supported the economy, contributed to national development, and paid taxes at every stage of their careers. It is only fair that they receive relief from taxation in their golden years.

Abolishing income tax on State Pensions is not only a moral imperative, but it also acknowledges the invaluable contributions that pensioners have made to our country. This change would provide crucial financial relief, allowing pensioners the dignity and financial security they deserve in retirement.

Please join us in calling on the UK Government to abolish the income tax on State Pensions for our valued pensioners. By signing this petition, you advocate for a fair system that recognises and respects the lifelong contribution of pensioners. Sign now to support a dignified retirement for all UK pensioners.

The Decision Makers

Exchequer UK
Exchequer UK

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