Skip to main content

Pensioners’ Personal Tax Allowance

Volume 747: debated on Tuesday 19 March 2024

Mr Day, would you like to speak to the second petition and then bring them both together? It seems a waste of energy to present them individually.

My partner says that I need to lose a bit of weight, so she might disagree with that, but I think that is a sensible decision.

The second petition that I am presenting from the constituents of Linlithgow and East Falkirk relates to pensioners’ personal tax allowance. I have said before that the deal that pensioners in the UK get is among the worst in Europe, and unfortunately this year’s spring Budget has ignored the fiscal drag that pensioners are experiencing, by freezing the personal tax allowance until April 2028. This disproportionately affects many on lower incomes, including our pensioners.

The petition states:

The petition of residents of the constituency of Linlithgow and East Falkirk

Regrets that the Chancellor’s Spring Budget ignored the fiscal drag that pensioners are experiencing due to the policy on freezing Personal Tax allowance until April 2028; declares that this policy disproportionately affects pensioners who do not gain from cuts to National Insurance; notes this policy creates poorer pensioners who are already impacted by the cost-of-living crisis.

The petitioners therefore request that the House of Commons urge the Government to consider the soaring costs of food and energy bills for pensioners when setting the Personal Tax allowance.

And the petitioners remain, etc.