Petitions/Increase the current Personal Savings Allowance (PSA) from £1000 to £3000
StatusOngoing
Opened8 Jan 2026
Closes
Government response
Parliamentary debateNot eligible
Milestones

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.

101Total signatures
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Constituency engagement ranking

Mark Ferguson
1Mark Ferguson MP
Gateshead Central and Whickham
4
Carla Denyer
2Carla Denyer MP
Bristol Central
3
John Cooper
3John Cooper MP
Dumfries and Galloway
3
Liz Twist
4Liz Twist MP
Blaydon and Consett
2
Sarah Russell
5Sarah Russell MP
Congleton
2
Lola McEvoy
6Lola McEvoy MP
Darlington
2
Tom Gordon
7Tom Gordon MP
Harrogate and Knaresborough
2
Richard Burgon
8Richard Burgon MP
Leeds East
2
Alan Strickland
9Alan Strickland MP
Newton Aycliffe and Spennymoor
2
David Smith
10David Smith MP
North Northumberland
2